All Australians are spending more of their incomes on housing than in the past, but low-income households are feeling the pinch most. Many low-income renters are in poverty, and many more are suffering financial stress. Inequality is increasing because rising housing costs have disproportionately whittled away the income growth of poorer households.
This presentation looks at the major issues relating to housing options of affordability, accessibility and appropriateness, for older Australians. Affordable: Most retirees have adequate housing; higher net transfers not viable Accessible: Storm clouds are ahead for retiree home ownership and renting Appropriate: Downsizing is wanted, but harder than it should be (COTA National Policy Forum