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

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.

'Ticking time bomb': Older Australians face housing crisis

Australian retirees will face a housing crisis within 15 years unless urgent action is taken, according to the Council on the Ageing. It drew attention to the impact on older Australians of rising prices, rising rents, huge mortgage debt and the scarcity of suitable homes. The assumption that Australians retire in a home they own underpins the nation’s superannuation and pension systems, but thi

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 (i.e. the age pension).

Security in Retirement: The impact of housing and key critical life events

This research examines the wealth holdings of men and women at midlife (40–64 years old) and those who have recently retired, and the impact of some key life events in shaping that wealth. Approaching retirement and retirement itself can be a stressful and insecure time if the resources are not available for achieving a modest lifestyle in retirement.

More NZ retirees will become homeless

New Zealand is facing a growing population of homeless older people. The Salvation Army has released new research estimating that by 2030, 200,000 retirement-aged won't own a house and will be unable to afford rent.

Homeless Baby Boomers - Housing Poorer Baby Boomers in their Retirement

This report considers the challenges New Zealand faces with an increasing number of people reaching retirement age as tenants. These challenges not only include those around adequacy of income but also those around availability and access to suitable housing. In addition there is an overlaying challenge of the sheer number of people reaching retirement age over the next decade.

Asset poverty, precarious housing and ontological security in older age: an Australian case study

Abstract Over two-thirds of Australians are owner-occupiers and a majority of the population holds most of their wealth in housing.

National overview of the retirement village sector

The dramatic increase in the number of Australians turning 65 over the next 20 years is now an established demographic fact. Treasury projects a doubling of the seniors’ population by 2 050, with an economically signi fi cant reduction in the ratio of t axpayers to retirees.
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