Soaring housing costs are pushing retirees into areas where disaster risks are high
- Written by Lois Towart, Lecturer in Property Economics, University of Technology Sydney
The impacts of a closed border and recent floods have highlighted the challenges facing older Australians who live permanently in caravan parks and manufactured home estates. These properties have long provided affordable housing for retirees, particularly those who rely on the age pension and have limited assets or housing equity. Residents...
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