The dream of homeownership is "getting further and further from being a reachable goal for younger generations," she said. A few decades ago, people believed their kids would be homeowners, but "now we're coming to terms with the fact that perhaps most won't. And that's the new normal."

PTSB report says younger adults believe renting or social housing will be their paths to securing a home

A new report shows generational inequality is pushing young Australians out of the housing market.