How many of you own you home? or for the younger members, do you parents own or rent?

My bf and I bought our house about 7 months ago. We saved for 4 years for the deposit (it was hard as we were paying rent while trying to save) and could finally afford an average home in a very average suburb, of which I am very proud.

In Australia, home ownership is increasingly more difficult for young people. The repayments are not so bad, but the deposit is the hard part. Most banks require 15+ % deposit, with cheapest houses starting at about $190,000.

So what's it like in other countries? I'm curious :-)