Day: July 23, 2014

THE spectre of homelessness in old age weighs heavily on those lacking the job prospects and mobility of someone younger. This is especially so for older renters. Adding to the threats posed by rising property prices, insufficient superannuation, or joblessness come other worries: unexpected eviction, unaffordable rents or increasingly unsuitable accommodation exacerbated by advancing years. The latest Australian Bureau of Statistics figures show that from 2006-2011 there was a 40 per cent increase in the number of people aged over 55 renting privately on the Mornington Peninsula. That is up from 1028 to 1413 tenants. The figures taken from the…