Image courtesy of the Housing for the Aged Action Group

Ageing in a housing crisis: growing numbers of older Australians are facing a bleak future

An ageing population is caught in a perfect storm of rising house prices and rents, falling home ownership rates, mortgage debt carried into retirement, insecure rentals and a lack of social housing.
Darren Fisher

Can I have a pet and be housed, too? It all depends…

Trying to find housing can be a nightmare for pet owners, especially those who need it in a crisis. The inconsistencies from state to state and between different forms of housing demand reform.
Shared houses work well for 82% of people living in them in their early 20s, but only 25% see this as a long-term option. Earlyspatz/Wikimedia

First home schemes aren’t enough to meet young adults’ aspirations

The housing aspirations of young Australians change as they enter their late 20s and early 30s. But having somewhere safe and secure to call home is the top priority for all young adults.
Older Australians aspire to the security of owning their own home, but prefer smaller houses in their later years. yopinco/Shutterstock

What sort of housing do older Australians want and where do they want to live?

Most older Australians want to live in a home they own, preferably in the middle and outer suburbs of a city. But increasing numbers look unlikely to realise their housing aspirations.
Policies focused on ownership do little to help lower-income households that are struggling to pay the rent. Iakov Filimonov/Shutterstock

Housing affordability has improved slightly, but people on lower incomes will continue to struggle

The policy focus remains on home ownership, but a new survey shows slight improvements in affordability do little to help people on low incomes. Their plight calls for better social housing policy.
On average, Gen Ys are $50,000 short of the deposit they expect they’ll need to buy their first home. Lolostock from www.shutterstock.com

What’s the key to home ownership for Gen Y?

Without long-term solutions to the imbalance between incomes and house prices, Gen Ys face a lifetime of renting without the financial and emotional security of home ownership.

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