Empty-nesters locked up with their money

The perverse incentives keeping retirees in large homes have led to a hugely distorted housing market. Eventually the government will need to take action.

The still-booming house price figures released by RP Data yesterday will be welcomed by the thousands of investors who have piled into the market in past months.

The survey showed prices up 4.2 per cent nationally in the three months to August, with Melbourne at 6.4 per cent and Sydney at 5 per cent.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles