‘Grandparents need the backyard’: Boomers deepen housing crisis by staying in empty nests
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A well-located family home in Sydney has become a hotly contested prize. At auctions each weekend buyers fork out millions of dollars for one. But a growing share of those family homes are not actually occupied by families.
As the population ages and lifespans lengthen, older couples and singles are staying put in spacious dwellings for longer.
Rebecca Bissett, in striped shirt, with her family at her parents’ home in Hunters Hill.
Cashed up older southerners are flocking here with four Queensland regions now home to more aged pensioners than anywhere else. TOP 10 PENSIONER POSTCODES
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