Housing Affordability

Mortgage stress and precarious home ownership: implications for older Australians

This research investigated the growing numbers of middle aged and older Australians who are carrying mortgage debt into retirement and paying off higher levels of debt relative to house values and income. Between 1987 and 2015, mortgage debt among older mortgagors increased by 600 per cent (from $27,000 to over $185,000).
2019

Older Renters Struggling with Affordability, Insecurity, and Lack of Agency

This paper highlights the results of UK's Generation Rent’s 2019 survey of private renters.
2019

Older renter numbers predicted to climb

The high rate of home ownership in New Zealand is falling, with only around 50% currently owning their own home. This is predicted to decrease further. The article looks at the impact this will have on rental issues faced by an ageing population in particular.
2019

Housing Crisis: Young People Pushing Older Women Into Homelessness

Older women are Australia's fastest growing group of homeless people and the lack of affordable housing is a major factor in the rapid increase. The number of homeless women over 55 has increased by a whopping 31 percent since 2011. Other demographics of homeless people have increased by just 14 percent since then.
2019

Rental Affordability Snapshot

The Rental Affordability Snapshot highlights the lived experience of looking for housing on a low income. It focuses on those who earn the least– people on government income payments and people earning the minimum wage.
2019

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.
2019

10 ways cities are tackling the global affordable housing crisis

The unprecedented rate of urbanization across the world has led to increased demand for good, affordable housing. The factors contributing to a lack of affordability vary from city-to-city, but broadly include housing costs rising faster than incomes, the supply of houses not keeping up with demand, scarcity of land, and demographic changes such as population growth, ageing and shifts in househol
2019

Housing America's Older Adults 2019

Within the US, the 65+ age group, most recent income gains have gone to the highest earners, and the number of households with housing cost burdens has reached an all-time high.
2019

House-sitting on the rise for older people in financial stress or on verge of homelessness

The article looks at house-sitting as an option for the housing crisis faced by an increasing number of older people in Australia.
2019

Report Finds Sharp Rise in Older Women Experiencing Homelessness

The report, “Retiring into Poverty”, released by the National Older Women’s Housing and Homelessness Working Group, said systemic factors such as lower superannuation, unequal pay and forced time off to raise children were key factors of the increase. The combination of women having a lower overall income and housing affordability in major cities was a cause of great instability. Housing afforda
2018
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