Housing in an ageing Australia: Nest and nest egg?
Homeownership serves multiple purposes over the life cycle: It acts as a home as well as a store of wealth to guarantee financial security in retirement. Its lack in old age compromises security of both tenure and finances. Much has been written about housing and homeownership. Here we apply the prism of population ageing to bring new insights to the topic. This brief is in three parts. It first tackles the dynamics of the housing purchase in working life. Secondly, the brief considers housing consumption in old age, And thirdly, it looks at housing lack in old age,