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✓ Reddit Aussie News NewMoney & Work

Housing crisis forces older Australians into sharehouses

An estimated 440,000 older Australian households won't be able to find or afford suitable housing by 2031.

Why it mattersWithout home ownership, older Australians lose the financial security they need. They can't stay independent or afford aged care without it.

AustraliaAustralian governments are beginning to respond: South Australia exempted over-60s from stamp duty when buying new builds, but NSW and Victoria, which have the highest stamp duty rates, have not yet followed.

✓ Claims checked against the source and corrected before publish. checked 2 d ago

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