---
title: "Mozo.com.au: Housing affordability is changing Aussie culture"
description: ServiceSeeking.com.au was featured in mozo.com.au as we offered data and insights on how housing affordability is transforming Aussie culture.
image: https://23226544.fs1.hubspotusercontent-na1.net/hubfs/23226544/Mozo.png
---

News

# Mozo.com.au: Housing affordability is changing Aussie culture

ServiceSeeking.com.au was featured in mozo.com.au as we offered data and insights on how housing affordability is transforming Aussie culture.

[ Anna Alonzo ](https://www.serviceseeking.com.au/press-coverage/author/bettina-esguerra)

 Aug 11, 2017

[News](https://www.serviceseeking.com.au/press-coverage/tag/news)

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![](https://23226544.fs1.hubspotusercontent-na1.net/hubfs/23226544/Mozo.png)

In this article, [mozo.com.au](http://mozo.com.au) dove into the shifting landscape of housing affordability in Australia and its impact on the cultural perception of homeownership.

[ServiceSeeking.com.au](http://serviceseeking.com.au) was featured as we provided data from a recent survey showing that homeownership is no longer a priority for one in three Aussies.

Key Points:

- The Great Australian Dream of homeownership is evolving as rising house prices challenge affordability.
- Surveys reveal that one in three Australians no longer prioritizes homeownership, with many believing they may never own a home.
- Median house prices in Sydney and Melbourne are significantly higher than the national income, impacting the accessibility of housing.
- Rentvesting, the strategy of buying property in cheaper areas while renting where one desires to live, is gaining popularity among young Australians.
- Practical tips for saving for a deposit include bringing lunch to work, opting for outdoor activities instead of gym memberships, and utilizing coupons to reduce expenses.
- Despite challenges, resources like home loan comparison tables assist individuals in navigating the housing market landscape.

Read more: [https://mozo.com.au/home-loans/articles/housing-affordability-is-changing-aussie-culture](https://mozo.com.au/home-loans/articles/housing-affordability-is-changing-aussie-culture) 

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