“Home ownership rates for young people aged 25-34 have spiralled downwards in recent years from 60 per cent to 48 per cent”
What RMIT ABC Fact Check found
Mr Bowen's claim is in the ballpark. What counts as "recent" is debatable, but given the typical pace of change in the housing market, Fact Check has assessed the last ten years of ownership rates. None of these rates match the exact figures cited by Mr Bowen, nor do they clearly show the equivalent 20 per cent drop. But they do reveal large declines in ownership for 25-34 year-olds over the last decade or so. Based on three datasets that use different methodologies and span different years, ...
Their words, from the summary they publish with the rating.
In short
Chris Bowen (Shadow Treasurer) made this claim. RMIT ABC Fact Check (Australia) looked into it and published its finding on 22 February 2019. Its rating was “In the ballpark”.
Chris Bowen has 3 checked claims in this archive. Fact-checking organisations rated 0 of them false or fake, 0 misleading or mixed and 1 true.
Where the claim appeared
- chrisbowen.nethttps://www.chrisbowen.net/media-releases/positive-plan-to-help-housing-affordability/
Links recorded by RMIT ABC Fact Check. Some posts may have been deleted since.
This check was done by RMIT ABC Fact Check, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.