Supporting older lower income tenants in the private rental sector
Retired lower income households living in the private rental sector face rent increases and insecure tenure while being on low fixed incomes. They also live in housing that may not be physically suitable for them and may require alterations to make the premises liveable. The policy options presented here focus on assisting older lower income tenants. The housing situation for older lower income renters differs from younger lower income renters in that they have finished their working life (and usually have low levels of wealth), they have very limited incomes (i.e. the age pension) and they lack future earnings potential.