Buying with a sibling or rentvesting: some unorthodox approaches to buying a first home

By Julia Cook, Senior Lecturer in Sociology, University of Newcastle

Achieving the so-called “Australian dream” of home ownership is increasingly difficult for members of younger generations. Census data shows that rates of home ownership have fallen from 64% in 1971 to 50% in 2021 among 30–34-year-olds, and from 50% to 36% for 25–29-year-olds.

The reasons for this have been well canvassed in this housing series. This article focuses on some of the more unorthodox arrangements I have come across in my years…

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