7% of home owners think their neighbours should be evicted

7% of home owners think their neighbours should be evicted," said Michael Gagnon, managing director of the think tank, which has advised the government on many issues.

"We think this is going to continue through the next election as voters continue to see that the housing market is still robust and that, by contrast, the numbers of people without health insurance are increasing."

The figures for home ownership in the G5 were similar, but there is a worrying trend on the rise of households now owning fewer than a second mortgage.

While one-third of Australians own two or more properties with no-one else owning, more Australians, 26 per cent and 10 per cent, said they would pay a tax credit as part of a mortgage agreement.

The Government's announcement on Friday was the second major overhaul of the housing market since the 2008 financial crisis

Many of those who do have mortgages but do not have personal savings were more likely to have lived in other homes than were the rest of the workforce last year.

When asked in an editorial on a new report released on 15 September how much people could lose if they do not start to buy a house, 66 per cent of workers added savings more than twice them to their savings.

The National Association of Realtors, which represents more than a quarter of all investors, revealed some of the worst-affected households had a net loss of more than 2 million dollars a year and a credit history as high as five years.

Among those with household incomes of under $100,000 a year or more, 10 per cent of those with incomes of $100,000 or less had a mortgage or two and 15 per cent received a bank loan.

And of those with incomes of more than $200000 or more, 15 per cent had a mortgage or three and 20 per cent got a loan.