Super access won't lower hurdles for young home hunters

First homes in capital cities are unaffordable even if young people drain their retirement nest eggs (Russell Freeman/AAP PHOTOS)

Many young Australians living in the capital cities will not be able to pay for a house deposit, even if they drained their entire retirement savings, a report has found.

Rates of home ownership are declining for young Australians as prices climb and supply struggles to keep pace with demand.