‘The scariest thing is insecurity’: Australia’s renters over 50 fear uncertain future, report shows

Anglicare Australia finds a couple on age pensions could afford to rent only 1.4% of properties advertised

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Nearly three-quarters of renters over 50 fear an expensive and unstable future with spiralling housing costs resulting in insecurity, according to a new report by one of Australia's largest charities.

Anglicare Australia recently polled 500 over-50s about their housing circumstances, hopes and fears. The subsequent report, Ageing in Place: Home and Housing for Australia's Older Renters, released on Tuesday, revealed housing costs are the biggest barrier to older renters staying settled in the same place as they age.

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