Homeowners often feel better about life than renters, but not always – whether you are mortgaged matters
- Written by Rachel Ong ViforJ, ARC Future Fellow & Professor of Economics, Curtin University
Homeownership has long been thought of as the great Australian dream. For individuals, it’s seen as the path to adulthood and prosperity. For the nation, it’s seen as a cornerstone of economic and social policy.
Implicit in this is the assumption that owning a home rather than renting one makes people better off.
It’s an assumption...
