Others represent no such hazard, yet have been espoused so frequently they are increasingly being treated as common knowledge.
In fact there are more than 1 million more folk in their twenties than there are those in their sixties.
However, from around 2021 until 2027 there will be a huge surge of potential new entrants into the market as this age cohort suddenly swells (broadly from 31 to 38 years of age in my estimation - for although we like to think of ourselves as individuals, people tend to do fairly predictable things at predictable times in their lives).
In the period through to 2027, that number is projected to have expanded further still to more than 3.3 million, before steadying.
As this effective "spending wave" passes through 2021, therefore, the demographic factors for Australian housing market growth look to be particularly favourable from that year until around 2027 inclusive.
Furthermore, a higher than historically usual share of young people are entering the housing market as investors at the present time, potentially a smart first step on the ladder which will help them to trade up to buying a first home at a later date.
The material transaction costs of selling and buying property can act as a discouragement to downsizing.
Indeed, many may now opt to continue working well beyond the traditional retirement date.