First-home buyers aged 40 and over jumped from just over 5.5 per cent in 2005 to 18.7 per cent by 2025.
Why it mattersLate-life home purchases mean people may enter retirement still paying off mortgages, straining retirement budgets and financial security.
AustraliaAustralian retirees increasingly face mortgage payments stretching into their 70s and 80s, potentially reducing retirement savings and quality of life.
✓ Claims checked against the source. checked 3 h ago
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