Urging old people into smaller homes 'may backfire'

Encouraging older people to downsize to smaller homes could backfire and worsen the housing shortage for first-time buyers, argues a report

The International Longevity Centre report said more should be done to make retirement housing "aspirational." A lack of desirable retirement housing meant older people downsizing might end up chasing the same properties as first-time buyers, it added. But critics said different generations had different housing priorities. Read more on the following link.

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