So people that retire without ever owning a home get everything for nothing then? If that were the case, I'd never bother to buy one, I'd just rent and spend. When I retire, I'd just claim a pension and rent assistance.
In an ideal world, the governments want the elderly to sell up their homes and downsize, a couple of problems that spring straight to mind is the prohibitive cost of actually doing this, if the person / s have ongoing medical issues and networks that help care for them, they have to move away from these services.
It's a tough fix. I wouldn't begin to know how to balance it out. Either one side is going to get smashed or not.
In an ideal world, the governments want the elderly to sell up their homes and downsize, a couple of problems that spring straight to mind is the prohibitive cost of actually doing this, if the person / s have ongoing medical issues and networks that help care for them, they have to move away from these services.
It's a tough fix. I wouldn't begin to know how to balance it out. Either one side is going to get smashed or not.
Those who rent need help. Many never had the sort of jobs or access to superannuation or enough money to buy a house, or long term illness etc, when raising a family. They shouldn't have to live in poverty now.

