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What women really want

On Nov 01 2013
Tagged as:
  • Residential Property


The war of the sexes has discovered a new battleground – the arena of homeownership ...

The war of the sexes has discovered a new battleground – the arena of homeownership expectations.

According to a recent Westpac Bank study, 87 per cent of Gen Y women aged between 18 and 34 say owning and paying off their home loan is a priority in their lives.


However, only 79 per cent of Gen Y men put home ownership high on their life goals.


The report also detailed that Gen Y women had a better understanding of the home loan market, with 81 per cent of female respondents understanding what a variable rate home loan was compared to only 60 per cent of Gen Y males.


They were also more likely to list repaying their home loan as an immediate and important goal, with 73 per cent of Gen Y women listing faster home loan repayments as a goal – compared to only 56 per cent of Gen Y men.

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