Job Security and First Homebuyers

This study reports on a postal survey of first homebuyers in South Australia with a focus on the relationship between job security and purchase behaviour. The survey shows that while future job security is not a major concern for all households, any concerns about job security that are held, are strongly associated with a household's sense of financial wellbeing and income level. As well the survey shows that, despite the stated lack of concern, most first homebuyers acknowledge that their experience of job security has influenced their purchase behaviour.