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First home buyers caught between opportunity and risk as housing market shifts

First home buyers face a double blow, with soaring cost-of-living pressures keeping them at home longer while recent purchasers in Sydney and Melbourne risk slipping into negative equity as prices soften.

Adult son at home with father
One in three Australians aged 18–29 still live with parents or in-laws. (Image source: Studio Romantic/Shutterstock.com)

They’re the centre of attention when it comes to housing policy.

First home buyers and their struggles to share in the generational wealth of their parents are the focus of government policies aimed at limiting the competition they face from investors in their quest for a home.

Record numbers of young people are opting to live at home for longer, as the affordability crunch

proves too great.

A generation already fearing for the loss of graduate a…

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