Younger Generations feel Home Ownership is Slipping Away

Although housing affordability is important to many Australians, very few hope that house prices will decrease. The reason for this is that a high percentage of Australians own properties, and a great proportion of our wealth is kept in the form of real estate.

However, recent Australian Bureau of Statistics figures have indicated a growing gap between people who are able to capitalise on the financial gains of home ownership and those who will probably never be in a position to buy their own property.

Between 2011 and 2012, the overall home ownership rate fell to 67% from 69%. This represents a real change in the housing system in this country, and home ownership rates of specific age groups have recorded much more intense falls.

The results of the most recent Survey of Income and Housing showed that, typically, younger generations wanting to own their own homes need to take on larger mortgages.

However, home ownership is still an aspiration of younger people, according to a recent survey of university students in Australia. For these students, housing affordability – including saving for a deposit and being able to make repayments – is of huge concern. Although many have promising employment prospects, there is a pervading concern that they will never be able to pay off a mortgage.

Source: http://theconversation.com/home-equity-australias-growing-wealth-divide-17697

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> LicenseHandlers.CheckApplicationValidityAndLicense
> URLRewritingHandlers.BeginRequest
> WebDAVHandlers.PropFindEndRequest
> WIFIntegrationHandlers.ProcessRequest
2 RequestEvents.Authenticate.Execute
> MembershipHandlers.HandleAutomaticSignIn
3 RequestEvents.Authorize.Execute
> URLRewritingHandlers.AuthorizeRequest
4 RequestEvents.PostAuthorize.Execute
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6 >> DocumentEvents.GetData SimpleHandler`2.StartEvent
7 >>> TypeInfo(cms.document).Events.GetData SimpleHandler`2.StartEvent
8 >> URLRewritingEvents.ProcessABTest.Execute SimpleHandler`2.StartEvent
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> WebAnalyticsHandlers.LogCampaign
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> ABHandlers.ExcludeVisitorFromAB
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> MembershipHandlers.SessionStart
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>>> SessionEvents.UpdateSession.Before
>>>> PortalHandlers.UpdateSession_Before
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>>>> ObjectEvents.Insert.Before
>>>> ObjectEvents.Insert.After
14 >>>>> TypeInfo(om.contact).Events.LogChange SimpleHandler`2.StartEvent
>>>>> ContinuousIntegrationHandlers.InsertAfter
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> MembershipHandlers.UpdateSession
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>>> SessionEvents.UpdateSession.Before
>>>> PortalHandlers.UpdateSession_Before
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>>>> DocumentHandlers.UpdateSessionData_Execute
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> WebAnalyticsHandlers.b__0
> WebAnalyticsHandlers.LogPageViewConversion
> WebAnalyticsHandlers.LogUTMParametersAndCampaignConversions
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26 >>> TypeInfo(om.abvariant).Events.GetData SimpleHandler`2.StartEvent
> WebAnalyticsServiceScriptsRenderer.b__0
> ABHandlers.LogABVisit
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> MVTHandlers.MVTVariantsEnabled
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34 TypeInfo(cms.document.cms.article).Events.GetData BasicRepeater.OnLoad
35 DocumentEvents.GetData BasicRepeater.OnLoad
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38 TypeInfo(cms.document.cms.pressrelease).Events.GetData BasicRepeater.OnLoad
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Dependencies
Data
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SQL queries called by this request / thread:
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Query text
Parameters: @name (value)
Results: tablename (rows [columns], size)
ContextDuration
new SqlConnection()
SimpleHandler`2.StartEvent N/A
OpenConnection()
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SimpleHandler`2.StartEvent 0.016
 
CloseConnection()
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OpenConnection()
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(cms.document.generalselect)
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(om.contact.generalinsert)
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CommitTransaction()
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Table (1 [157], 1.2 kB)
 
SimpleHandler`2.StartEvent 0.000
 
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10
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SELECT *
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PageContext.CurrentPage_InitComplete N/A
12
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DECLARE @DocumentCulture nvarchar(max) = N'en-au';

SELECT *
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SELECT *
FROM OM_MVTest
WHERE [MVTestPage] = @MVTestPage AND [MVTestSiteID] = @MVTestSiteID
PageContext.CurrentPage_InitComplete 0.000
 
CloseConnection()
PageContext.CurrentPage_InitComplete N/A
OpenConnection()
PageContext.CurrentPage_InitComplete N/A
14
(cms.personalization.selectall)
SELECT TOP 1 *
FROM CMS_Personalization
WHERE PersonalizationUserID = 65 AND PersonalizationDocumentID = 3580
PageContext.CurrentPage_InitComplete 0.000
 
CloseConnection()
PageContext.CurrentPage_InitComplete N/A
OpenConnection()
BasicRepeater.OnLoad N/A
15
(.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/27/2017 7:31:49 AM';
DECLARE @NodeGUID uniqueidentifier = '6acdbfed-bafc-49c2-844f-5bfcd4a00c56';
DECLARE @RelationshipName nvarchar(max) = N'isrelatedto';
DECLARE @DocumentCulture nvarchar(max) = N'en-au';
DECLARE @CMS_C int = 1;

SELECT *
FROM (
SELECT *, ROW_NUMBER() OVER (PARTITION BY NodeID ORDER BY CASE WHEN [DocumentCulture] = @DocumentCulture THEN 1 ELSE 2 END, DocumentCulture) AS [CMS_C]
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_Article AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.ArticleID AND V.ClassName = N'CMS.Article' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeID] IN (
SELECT [RightNodeID]
FROM CMS_Relationship LEFT OUTER JOIN CMS_RelationshipName ON CMS_Relationship.RelationshipNameID = CMS_RelationshipName.RelationshipNameID
WHERE [LeftNodeID] IN (
SELECT [NodeID]
FROM CMS_Tree
WHERE [NodeGUID] = @NodeGUID
) AND [RelationshipName] = @RelationshipName
) AND [DocumentCulture] = @DocumentCulture)
) AS SubData
WHERE [CMS_C] = @CMS_C
1.3 kB
 
BasicRepeater.OnLoad 0.000
 
CloseConnection()
BasicRepeater.OnLoad N/A
OpenConnection()
N/A
16
(.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/27/2017 7:31:49 AM';
DECLARE @NodeGUID uniqueidentifier = '6acdbfed-bafc-49c2-844f-5bfcd4a00c56';
DECLARE @RelationshipName nvarchar(max) = N'isrelatedto';
DECLARE @DocumentCulture nvarchar(max) = N'en-au';
DECLARE @CMS_C int = 1;

SELECT *
FROM (
SELECT *, ROW_NUMBER() OVER (PARTITION BY NodeID ORDER BY CASE WHEN [DocumentCulture] = @DocumentCulture THEN 1 ELSE 2 END, DocumentCulture) AS [CMS_C]
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_BlogPost AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.BlogPostID AND V.ClassName = N'CMS.BlogPost' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeID] IN (
SELECT [RightNodeID]
FROM CMS_Relationship LEFT OUTER JOIN CMS_RelationshipName ON CMS_Relationship.RelationshipNameID = CMS_RelationshipName.RelationshipNameID
WHERE [LeftNodeID] IN (
SELECT [NodeID]
FROM CMS_Tree
WHERE [NodeGUID] = @NodeGUID
) AND [RelationshipName] = @RelationshipName
) AND [DocumentCulture] = @DocumentCulture)
) AS SubData
WHERE [CMS_C] = @CMS_C
1.3 kB
 
BasicRepeater.OnLoad 0.000
 
CloseConnection()
BasicRepeater.OnLoad N/A
OpenConnection()
N/A
17
(.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/27/2017 7:31:49 AM';
DECLARE @NodeGUID uniqueidentifier = '6acdbfed-bafc-49c2-844f-5bfcd4a00c56';
DECLARE @RelationshipName nvarchar(max) = N'isrelatedto';
DECLARE @DocumentCulture nvarchar(max) = N'en-au';
DECLARE @CMS_C int = 1;

SELECT *
FROM (
SELECT *, ROW_NUMBER() OVER (PARTITION BY NodeID ORDER BY CASE WHEN [DocumentCulture] = @DocumentCulture THEN 1 ELSE 2 END, DocumentCulture) AS [CMS_C]
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_PressRelease AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.PressReleaseID AND V.ClassName = N'CMS.PressRelease' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeID] IN (
SELECT [RightNodeID]
FROM CMS_Relationship LEFT OUTER JOIN CMS_RelationshipName ON CMS_Relationship.RelationshipNameID = CMS_RelationshipName.RelationshipNameID
WHERE [LeftNodeID] IN (
SELECT [NodeID]
FROM CMS_Tree
WHERE [NodeGUID] = @NodeGUID
) AND [RelationshipName] = @RelationshipName
) AND [DocumentCulture] = @DocumentCulture)
) AS SubData
WHERE [CMS_C] = @CMS_C
1.3 kB
 
BasicRepeater.OnLoad 0.016
 
CloseConnection()
BasicRepeater.OnLoad N/A
OpenConnection()
CMSWebParts_Viewers_Basic_BasicRepeater.OnPreRender N/A
18
(cms.blogpost.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/27/2017 7:31:49 AM';
DECLARE @NodeAliasPath nvarchar(max) = N'/News-Media/News-Hub/Younger-Generations-feel-Home-Ownership-is-Slippin';
DECLARE @DocumentCulture nvarchar(max) = N'en-AU';

SELECT *
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_BlogPost AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.BlogPostID AND V.ClassName = N'CMS.BlogPost' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeAliasPath] = @NodeAliasPath AND [DocumentCulture] = @DocumentCulture)
ORDER BY BlogPostDate DESC
818 B
 
Table (1 [169], 3.2 kB)
 
CMSWebParts_Viewers_Basic_BasicRepeater.OnPreRender 0.000
 
CloseConnection()
CMSWebParts_Viewers_Basic_BasicRepeater.OnPreRender N/A
  18 queries, 14.9 kB write, 25 kB read   0.078
Macros resolved in the content of this page:
 ExpressionResultUserContextDuration
1 {% CanonicalURL != "" %} False CMSAbstractWebPart.OnInit 0.000
> CanonicalURL != "" False 0.000
2 {% NoFollow %} null 0.000
> NoFollow null 0.000
3 {% IncludeOptimizely %} null 0.000
> IncludeOptimizely null 0.000
4 {% DisclaimerContent %} null PageContext.CurrentPage_InitComplete 0.000
> DisclaimerContent null 0.000
5 {% pagetitle_orelse_name %} Younger Generations feel Home Ownership is Slipping Away DocumentBase.Load 0.000
> pagetitle_orelse_name Younger Generations feel Home Ownership is Slipping Away 0.000
6 {% CurrentDateTime.Hour %} 7 FIRSTMAC-srvc-kentico CMSWebParts_General_javascript.OnPreRender 0.000
> CurrentDateTime.Hour 7 FIRSTMAC-srvc-kentico 0.000
7 {% CurrentDateTime.Hour %} 7 FIRSTMAC-srvc-kentico 0.000
> CurrentDateTime.Hour 7 FIRSTMAC-srvc-kentico 0.000
      
Web farm synchronizations done by this page:
 Task typeTargetDataContext
1 DICTIONARYCOMMAND DELETEITEMINT¦om.contact_ContactID¦3166359 SimpleHandler`2.StartEvent
2 DICTIONARYCOMMAND DELETEITEMSTRING¦om.contact_ContactGUID;ContactSiteID¦74c49b8a-9aa7-470b-aa6c-05ba0da97e98|1
3 TOUCHCACHEITEM om.contact|all¦om.contact|byid|3166359¦om.contact|byguid|74c49b8a-9aa7-470b-aa6c-05ba0da97e98 SimpleHandler`2.StartEvent
4 DICTIONARYCOMMAND DELETEITEMINT¦om.contact_ContactID¦3166359 SimpleHandler`2.StartEvent
5 DICTIONARYCOMMAND DELETEITEMSTRING¦om.contact_ContactGUID;ContactSiteID¦74c49b8a-9aa7-470b-aa6c-05ba0da97e98|1
6 INVALIDATEOBJECT om.contact 3166359 SimpleHandler`2.StartEvent
     
ViewState used by the controls of this page:
 Control IDIs dirtyViewStateTotal size
1 form Yes
action = "/news-hub/younger-generations-feel-home-ownership-slipping" (58 B)
58 B
 
2 p
pnlPage
Yes
CssClass = "PagePlaceholder" (15 B)
15 B
 
3 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId1
Yes
Text = "45mi3aai2auvdzv3jdfeqnlb" (24 B)
24 B
 
4 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId2
Yes
Text = "45mi3aai2auvdzv3jdfeqnlb" (24 B)
24 B
 
5 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId3
Yes
Text = "45mi3aai2auvdzv3jdfeqnlb" (24 B)
24 B
 
6 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId4
Yes
Text = "45mi3aai2auvdzv3jdfeqnlb" (24 B)
24 B
 
7 pageplaceholder
p
pnlPage
Yes
CssClass = "PagePlaceholder" (15 B)
15 B
 
8 ZoneA
BlogPostsDataSource
srcDocuments
Yes
IsSelected = True
0 B
 
9 BlogPostsRepeater
plcBasicRepeater
N/A
Yes
Yes
Yes
Yes
Yes
Yes
ZeroRowsText = "No data found" (13 B)
ResolveDynamicControls = True
DataSourceName = "BlogPostsDataSource" (19 B)
HideControlForZeroRows = True
DataBindByDefault = False
_!ItemCount = 1
32 B
 
10 dbg
pnlDebugContainer
No
CssClass = "debug" (5 B)
5 B
 
     Total viewstate size: bytes