Downsizing not a priority for empty-nesters, research reveals

Experts are imploring lawmakers to make downsizing more appealing for empty-nesters as fresh research has revealed the majority of older Australians are not interested in moving to a smaller home.

Despite AMP research proving older Australians want to help their children in today's challenging economic environment, it found four out of five Aussies aged over 65 are not interested in downsizing.

Experts believe empty-nesters choosing to stay in their family homes is stopping young families from moving into bigger homes and means retirees aren't getting a windfall of cash they can spend.

To know more: https://www.9news.com.au/national/downsizing-not-on-the-cards-for-emptynesters-amp-research-reveals/df418a15-78ea-4700-8658-8440297f68e4