Seniors downsizing on their own terms: Overcoming planning, legal and policy impediments to the creation of alternative retirement communities
This research considers the reasons older people who may want to downsize do not do so, and considers the accommodation and financial options that may encourage more seniors to consider downsizing.
At its heart, the research makes suggestions as to how existing legal, planning and policy approaches could be recast so as not to discourage seniors who want to downsize from taking this path.
The research is not, however, limited to homeowners and also examines ‘downsizing’ options for more vulnerable seniors. The research is relevant to recent discussions in Australia and abroad about impediments to downsizing, and impact on housing availability for other generations and on the overall property market.