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Staff Reporter
The first home buyer market is set to go into overdrive in the coming years, with 90 per cent of Gen Ys confident they will own their own home.
New results from a survey by REST Industry Super found Gen Ys have high hopes for the future, with 75 per cent expecting to be living a comfortable lifestyle, and 15 per cent expecting to be rich.
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More than two thirds expected their first property to be a house.
REST Industry Super chief executive Damian Hill said “Gen Y should be applauded for their desire to build a bright future for themselves, and for demonstrating a healthy savings mentality.”
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