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Boomers Aren't Downsizing Like We Thought | Adelaide News
Description
Forget the myth of a massive boomer downsizing wave—most older Australians are staying put, not rushing to move. Census data shows a gentle ripple, not a tidal shift, as emotional ties, practical needs, and real-life changes like retirement or health issues drive moves—not just age. Even when they do downsize, many keep space for hobbies or visitors. The housing market’s lack of affordable, age-friendly homes in existing neighborhoods, plus financial barriers like stamp duty, make moving less appealing. Downsizing won’t magically fix Australia’s housing crisis—we need more homes built and smarter policies to support older Australians who want to stay where they are.
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