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The Times

Half of over-55s are open to downsizing – if only they could find homes that suit them

  • Written by Amity James, Senior Lecturer, School of Economics, Finance and Property, Curtin University
Half of over-55s are open to downsizing – if only they could find homes that suit themkarenfoleyphotography/Shutterstock

More than half of Australians over the age of 55 are open to downsizing, according to a new report based on a survey of 2,400 households. The main barrier to moving to a smaller home is a lack of housing that matches their needs and preferences. The rapid growth in the number of older Australians adds to the...

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