What do you believe is the single most important factor driving up the cost of living in Nigeria?

Australia's housing crisis is severely impacting young people's safety, relationships, health and well-being, education, employment, and ability to plan for the future, according to new report launched in Canberra as part of World Homeless Day.

The research developed by Swinburne University of Technology, in partnership with YWCA Australia, details how current housing dynamics are dramatically reshaping the lives and hopes of young women and gender-diverse people across the country.

"Young people described feeling overwhelmed, hopeless, trapped, and crushed by their housing situations. For some, this stems from the daily challenge of simply making ends meet," says lead author of the report, Swinburne's Professor Wendy Stone.

A common theme in the report is that many young women or gender-diverse people who are living with family as adults to save on rent are experiencing poor health and well-being.

"The notion of saving money on rent by living at home, but paying with your mental health was common," says Professor Stone. "For others, the fear that they will never own a home—or if they do, it will require major sacrifice—had a negative impact on their mental health and well-being."

• Read More