The impact on young Australians who are interested in buying a home of their own has been very significant. Australia's housing affordability now shapes the typical housing cycle or housing career as some people call it. Most Australians in the normal course of events are people who move through the housing cycle in a way that matches the stages of life that they're at. So, they move out of the family home in their late teens or early 20s as they gain their independence from their families, then they rent to save for a home they can afford as either a group or maybe a couple. And maybe they can upgrade it when they have a family in their middle age, they are more than likely that paid off their mortgage. And that means they have housing security in their old age. That's no longer the typical housing cycle for Australians, young people generally live at home for much longer than they once did.