Housing is a key component of individual and family. In addition to being a place where family and friends can gather, housing is important for a sense of security and []. One [] aspect of security is the wealth in the homes of owner occupiers. The wealth of households [] as the wealth (or equity) in the homes of owner occupiers increases through paying off outstanding housing loans, or as property values rise. In 2003-04, the primary residence was, on average, the most valuable asset of owner-occupier households, with the net value of owned homes [accounting for] an average of 55% of the net worth of those households.