Older boomers pushing younger people out of the investor market

Landlords are not loved, are they? The budget came back to bite them with tax cuts, but did they get any sympathy? No, none. Everyone applauded.

This is because most people are probably not friends or even colleagues with the homeowner. This is the result from here a new and big study Here’s information from the Central Bank on who exactly homeowners are these days.

As the next chart shows, owning a home used to be a young people’s game. In 2000, the most common age group in which someone was a tenant owner was 40-49.