Retiree home ownership is about to plummet. Soon little more than half will own where they live
- Written by Brendan Coates, Fellow, Grattan Institute
You'll be OK if you own, but fewer willShutterstock/Grattan InstituteAustralia’s retirement incomes system has been built on the assumption that most retirees would own their home outright. But new Grattan Institute modelling shows the share of over 65s who own their home will fall from 76% today to 57% by 2056 – and it’s likely...
