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Home ownership for the elderly

Monday 23rd October / presented by Jane Hebiton

The Australian dream to own your own home has been a popular idea for decades.

But with house prices in capital cities growing exponentially, this dream is becoming less affordable.

Yet what may surprise you to learn is that a growing number of older Australians do not own their own home.

These days it is becoming more common for older generations to find themselves forced out of the housing market and living in rental properties or homeless.

So what are some of the causes of this trend and what can be done to help people from older generations in this situation?

RTRFM reporter Ben Davidson spoke to Associate Professor Dr Eileen Webb from the Curtin University Law School and began by asking "how common it is for older Australians to rent?"

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