Co-ownership manual extract.

OWNING A HOME

Why does home ownership matter?

We come from a community development mindset, and these values are what drives us.

Thinking back to our high school psychology lessons, Maslow’s hierarchy of needs show us that having a safe and secure home is a basic essential need and vital to our wellbeing.

While owning a home may not be essential, with the right purchase made, it is shown togreatly increase your financial and emotional wellbeing.

Through supporting individuals currently priced out of the market into homeownership we aim to increase mental, physical and financial wellbeing. Housing is an essential part of everyones life, and owning a home is shown to have positive impacts throughout your life.

How unaffordable is it?

Entering the property market is incredibly challenging in Australia so if you feel like you are struggling, you are certainly not alone. Australia has one of the most expensive housing markets in the world and has seen a significant decline in the number of young people purchasing their own home over the last decade.

Here are some facts and figures:

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