Why older Australians don't downsize and the limits to what the government can do about it
- Written by Brendan Coates, Fellow, Grattan Institute
Older Australians are not deterred by financial barriers as much as emotional ones, when it comes to downsizing.www.shutterstock.comEncouraging senior Australians to downsize their homes is one of the more popular ideas to make housing more affordable. The trouble is, incentives for downsizing would hit the budget, but make little difference to...