Housing is becoming an increasingly important issue in NSW and throughout Australia. With property prices soaring – particularly in metropolitan centres – the traditional model of owning your own home and living on superannuation and/or the age pension upon retirement is becoming increasingly unviable.
This reality – combined with Australia’s burgeoning ageing population – means that people who are aged 50 and over are increasingly met with insufficient housing options to suit their changing needs, and insufficient information about how to explore their options. As Australia’s baby boomer population swell the ranks of the 50-plus population, we are increasingly seeing a generation of Australians who want to retain their autonomy and have more say over how and where they age.
With these issues in mind, COTA NSW undertook the wide-ranging consumer survey that gave rise to this report.
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