Retirees could solve the housing crisis, experts say

Retirees could solve the housing crisis, experts say

The housing crisis could be solved if retirees chose to downsize, according to experts.

Seniors downsizing could solve housing crisis, experts say

Seniors are being urged to downsize to free up larger multi-bedroom homes as a potential solution to Australia's housing crisis.Many retirees, however, say they are put off by the daunting administration, up front costs and are unwilling to leave the home they have lived in for decades."It is complicated and we need to make it easier," Downsizing economist Michael Blythe said.READ MORE: Award-winning building company collapses, sacks staff"We ta…