Friday, October 18, 2024

‘137,000 homes could be released’: Boomers told to retire and rent their homes

Boomers told to retire and rent their homes

A bold new housing proposition calls for older Australians to leave the country to help fix a major crisis.

Aussies over 67 are being urged to rent out their homes and retire overseas in a radical housing proposition floated by property sector market researchers.

Suburbtrends says “rentirement” is a viable solution to the nation’s current housing shortage, which would activate over 100,000 rentals.

Rentirement encourages Australians aged 67 to 77 to release their homes into the rental pool, where they can then travel or retire overseas.

Read the full article at www.news.com.au