Over-60s now control 27 percent of Australia's rental properties

Over-60s now control 27 percent of Australia's rental properties, holding almost 610,000 homes, up 233 percent since 1999-2000, while under-30s ownership dropped 13 percent to 95,000 properties. Australian Taxation Office data shows the wealthiest investors, earning over $500,000 annually, increased their six-plus property holdings by 1,529 percent over two decades.

Summary by Glance · SMH