Millennials turning away from property investment
The proportion of property investors aged 28 to 43 is declining at a rapid rate as financial obstacles mount.
The proportion of property investors aged 40 or under has plummeted. (Image source: Shutterstock.com)
It seems that my generation, the millennials, or Gen Y, have started to drift away from the idea of owning property - whether we ever truly felt connected to it in the first place is up for debate!
In the past decade, the number of working Australians who own investment properties has declined.
According to the Australian Tax Office, in 2014, a whopping 21 per cent of working Aussies owned an investment property. Today, that percentage has inch…
