Half of Australians over 55 are open to downsizing, but struggle to find suitable homes

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 major challenge housing markets face in meeting their diverse housing needs.


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Source: Phys.org