Older Australians hog family friendly homes

Australian Housing and Urban Research Institute (AHURI) has released new research claiming that older empty-nesters are clinging to their larger family-friendly homes. The AHURI also recommends a wide range of tax reforms to encourage seniors to downsize:

“They like to stay where they’re familiar,” said lead researcher Associate Professor Stephen Whelan from the University of Sydney.

“Unless they’re forced to – through ill-health or the death of a spouse – there is a reluctance to move”…

There are 1360 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.