Baby boomers face increasing housing insecurity and rising rent costs

Baby boomers in Australia are struggling with housing insecurity, particularly those like 70-year-old Sandra Barker, who spends over 60 percent of her pension on rent. As prices rise, many retirees fear homelessness, especially women aged 55 and over, the fastest-growing group facing housing challenges. The ongoing housing crisis is pressuring boomers to seek alternatives to traditional ownership.

Summary by Glance · SBS News – Australia