The correct 1 in 3 should be: We're still a nation of home owners, or aspirational home owners, with 31% of Australian homes owned outright and 34% owned with a mortgage – leaving 31% being rented (ABS 2016).
http://www.abs.gov.au/ausstats/[email protected]/mf/2024.0
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"1 in 3", page-84
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