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The Guardian - AU
The Guardian - AU
National
Stephanie Convery

‘The scariest thing is insecurity’: Australia’s renters over 50 fear uncertain future, report shows

For lease sign on balcony of block of flats
An Anglicare Australia report has found almost three-quarters of renters over 50 are fearful of their future housing prospects. Photograph: Bloomberg/Getty Images

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.

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