Private Rental
Rental warning: Falling home ownership rates set to bite retirees
Older Australians are falling off the housing ladder and face spending their retirement as renters, with the situation expected to worsen for coming generations.
Senior Australians in the private rental market are “at much greater risk of financial stress than home owners, or those in public housing”, according to the Grattan Institute’s recently launched Grattan Retirement Incomes Model.
Older
2018
Themes:
Experiences of those aged 50+ in the private rented sector
The number of people in England, aged 50+ living in the private rented sector has reached a record high in recent times, at 1.13m in 2015/16 (compared to 651,000 in 2008/9). This equates to nine per cent of the population aged 50 and over (compared to 6 per cent in 2008/9).
2018
Themes:
Older Renters in the Western Australian Private Rental Sector: Strategies to enhance housing security for WA's older renters
More people are reaching retirement age without owning a home, and the number of older people residing in the private rental market is increasing.
2018
For Low-Income Renters, the Affordable Housing Gap Persists
Finding affordable housing isn’t getting any easier for the more than a quarter of U.S. renters that are extremely low-income. For six years, the National Low Income Housing Coalition has released an annual report calculating the discrepancy between available affordable housing units and renters who earn below the poverty line or 30 percent of the area median.
2018
Themes:
Ensuring living condition for ageing population by public–private partnership (PPP)
Lack of financial resources has become one of the main issues in
fulfilling social and physical needs in urban development. The declining levels of public resources make the collaboration between public and private investors necessary.
2018
Older Aussie renters at ‘greater risk of financial stress’ than home owners
According to new research, older Australians are one of the fastest-growing groups of renters in Australia with an increasing number of retirees forking out for rented properties.
Australia's retirement incomes system doesn’t work for everyone. Retirees in the private rental market are at much greater risk of financial stress than homeowners, or those in public housing.
2018
Themes:
Housing an Ageing Australia: The Ideal of Security of Tenure and the Undermining Effect of Elder Abuse
This article considers the degree of legal security of tenure and ontological security in various forms of accommodation utilised by older people. In so doing, the article examines how elder abuse can dilute legal and ontological security and makes suggestions as to how existing real property laws could be utilised and amended to safeguard housing security for older people
2018
Themes:
Retired and renting - the trend isn't comforting
The risk is growing that we will see more and more older people living in housing-related poverty.
That is one conclusion of the Stocktake of New Zealand's Housing released this week.
2018
Themes:
Tenure insecurity and exclusion: older people in New Zealand's rental market
Declining home ownership among older people throws a spotlight on tenure insecurity. Almost 97,000 people aged 65 and older live in rental accommodation now, and this is expected to rise rapidly as younger renters reach retirement.
Older tenants are potentially marginalised in a highly competitive rental market with few provisions relating to tenure security.
2018
Themes:
Life as an older renter, and what it tells us about the urgent need for tenancy reform
Reform in the private rental sector is essential. Growing numbers of Australians rent their housing and increasing proportions are expected to rent long-term. This makes it essential that private rental housing meets the need that every person has for a secure and affordable home. It is getting harder for older renters to find adequate, appropriate and secure housing.
2018
Themes:
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"There is nothing like staying at home for real comfort."