NSW – and especially Sydney – is dragging down the home ownership rate for the whole country as the cost of renting soars.

NSW – and especially Sydney – is dragging down the home ownership rate for the whole country as the cost of renting soars.

The city’s lack of affordable housing is pricing first home buyers out of the market and prompting some young families to leave altogether.

Sydney is no longer affordable for most, as new data reveals the number of people who own the home they live in is the lowest it has been in decades.

The decline in homes lived in by their owners is reshaping the nation’s housing map.