Private Rental
Will you be renting in retirement?
The concept of retirees as mortgage-free homeowners is a problem for our current welfare system. Thanks to poor housing affordability, people who do own property are generally buying later in life and paying off their mortgage for longer.
2018
Themes:
Grey renting: the rising tide of older private tenants
New statistics from the most recent edition of the UK government’s English Housing Survey suggest a big tide of older private tenants is fast approaching. If it’s realised, this shift in the way older people are housed could see increasing numbers of pensioners paying unaffordable levels of rent, forced to move against their will or made homeless.
2018
The Private Rental Sector in Australia: Public perceptions of quality and affordability
This report examines the national state of the private rental system in Australia. While growing in size, it has also changed in terms of composition.
2018
Themes:
Rental warning: Falling home ownership rates set to bite retirees
Older Australians are falling off the housing ladder and face spending their retirement as renters, with the situation expected to worsen for coming generations.
Senior Australians in the private rental market are “at much greater risk of financial stress than home owners, or those in public housing”, according to the Grattan Institute’s recently launched Grattan Retirement Incomes Model.
Older
2018
Themes:
Experiences of those aged 50+ in the private rented sector
The number of people in England, aged 50+ living in the private rented sector has reached a record high in recent times, at 1.13m in 2015/16 (compared to 651,000 in 2008/9). This equates to nine per cent of the population aged 50 and over (compared to 6 per cent in 2008/9).
2018
Themes:
Three charts on: poorer Australians bearing the brunt of rising housing cost
Rising housing costs are hurting low-income Australians the most. Those at the bottom end of the income spectrum are much less likely to own their own home than in the past, are often spending more of their income on rent, and are more likely to be living a long way from where most jobs are being created.
2017
Themes:
Rise in Older Women Now Couch Surfing or Sleeping in Their Car
Imagine reaching the age of 55 and having to choose between couch surfing or sleeping in your car each night. This is the situation for thousands of older women in Australia.
Last year 1,618 women aged over 50 who presented at homelessness services were couch surfing according to Australian Institute of Health and Welfare data.
This number has risen by 83% in the last four years.
2017
New Zealand not 'catching up' to social housing needs
The Salvation Army estimates New Zealand needs to build a minimum of 2000 social houses a year for at least the next decade just to meet demand.
The country's social housing stock needs to grow from 82,000 to more than 100,000 in the next decade. Another 2000 a year was the bare minimum that needed to be constructed and half of those were needed in Auckland.
2017
2017 Rental Affordability Snapshot
This eighth annual Rental Affordability Snapshot by Anglicare Australia comes at a time where there seems to be, finally, a universal agreement that there is a housing affordability crisis. As is shown by the consistency of our findings over the last eight years, this discussion is only just catching up to what many Australians have experienced for a much longer time.
2017
Themes:
Reframing Social Housing: financing and tenant autonomy
Housing affordability is a key issue for many Australians. While the focus is often on affordability for existing and prospective home owners, it is also a significant issue for many renters.
About 31% of Australian households are renting. Rental housing is broadly in two categories: private and social.
2017
Themes:
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"There is nothing like staying at home for real comfort."