Nearly three-quarters of renters over 50 fear an expensive and unstable future with spiralling housing costs resulting in insecurity, according to a new report by one of Australia’s largest charities.
Anglicare Australia recently polled 500 over-50s about their housing circumstances, hopes and fears. The subsequent report, Ageing in Place: Home and Housing for Australia’s Older Renters, released on Tuesday, revealed housing costs are the biggest barrier to older renters staying settled in the same place as they age.