Young people believe they will be forever exiled from the property market

Young people and middle-income earners believe they will be forever exiled from the property market as house prices continue to rise. A new Resolve poll shows two in three people of 1,600 interviewed believe young Australians will never be able to afford a home. In Sydney and Melbourne, the median house price is 3.5 times the inflation rate and 2.5 times the increase in average weekly earnings. There are concerns Australians will have to choose between having children and buying a home.