Income inequity impacting home ownership: CoreLogic : vimars

Income inequity impacting home ownership: CoreLogic


Income inequity impacting home ownership: CoreLogic
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Women would need 10 months longer to save for a 20 per cent deposit than men due to lower incomes, according to new research.
CoreLogic has released new research revealing the existence of a substantial gender gap in home ownership across Australia.
According to CoreLogic’s inaugural 
Women and Property: State of Play report
, released on International Women’s Day (8 March), men are able to enter the property market sooner, meaning they have more time in market and therefore have greater wealth accumulation.
The report analysed a 2021 snapshot of property ownership by gender across the country, matching the gender of home owners with 41.2 per cent of Australian properties (i.e. excluding properties with joint ownership).

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