Why many young Australians face a more winding pathway to home ownership

courtneyk/Getty For generations, Australia has been understood as a homeowning nation. And the expected housing pathway was relatively simple. Young adults left the family home, rented for a few years, bought a home and gradually paid off their mortgage. This “Great Australian Dream” came to shape how many Australians thought about adulthood, financial security and the future. This has changed. Australians are renting for longer, relying more heavily on the “bank of mum and dad”, or never…