“Stubborn empty nesters” refusing to downsize from their family-friendly homes have become Australia’s latest housing scapegoat.
In April, the Daily Telegraph’s Taylor Troeth cited research from Australian Seniors showing that two-thirds of empty nesters in NSW “were still living in large family homes with no plans to sell, despite research showing this could free up nearly 60,000 desperately needed properties across the country for younger Australians”.
Over the weekend, Cameron Micallef at News.com.au reported similar, citing a statement from RBA governor Michele Bullock stating that the reduction in the number of people per dwelling is fueling the mismatch between housing demand and supply.
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