Articles on downsizing

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Add up all the neglected costs of downsizing and retirees have good reason to be wary of making the move. wavebreakmedia from www.shutterstock.com

Downsizing cost trap awaits retirees – five reasons to be wary

Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What's being ignored is the costs of moving into a unit or apartment.
Unless the demand pressures are eased, first home buyers are still likely to be crowded out of the market. Sam Mooy/AAP

Budget needs a sharper policy scalpel to help first home buyers

The budget acknowledges the crisis of affordability for first home buyers, but fails to do enough about demand pressures on prices to put home ownership back within their reach.
The Collective Old Oak co-living block in London has more than 500 apartments with bedrooms and bathrooms. All other spaces are shared. David Hawgood/Geograph

Reinventing density: co-living, the second domestic revolution

While some forms of co-living seek to match modern lifestyles and a desire to downsize, other profit-driven models simply exploit a lack of affordable housing alternatives.
Almost one in three older Australians would like to downsize to reduce the demands of maintaining their garden, but many can’t find alternative homes to suit their needs. Pierdelune from www.shutterstock.com

Lack of housing choice frustrates would-be downsizers

Australia’s housing stock is not meeting the demands of older Australians, according to a new report.
It will take more than a major round of redundancies to save Malaysia Airlines. Fazray Ismail/EPA/AAP

The Terminator as boss: why mass sackings don’t work

Malaysia Airlines is letting go 6,000 staff as it seeks to turn around its fortunes. But research shows downsizing on this scale doesn't usually work.

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