Homes sit empty as property ownership sinks to 60-year low

Home ownership has sunk to lows not seen since the 1950s, while a record number of properties stand unoccupied.

The census reveals that just 65.5 per cent of Australian households owned or were buying the home in which they lived in 2016, down from a peak of 71 per cent in 1966.

READ MORE VIA SMH

The census shows more Australians are renting, rather than buying their homes. Photo: Gabriele Charotte

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