New build for older people could get house market moving: NVM
New build for older people could get house market moving: NVM
Not enough housing is being built with the needs of ‘downsizing’ older people in mind, says the NVM estate agents association. A study of 140,000 house moves by its statistical arm Brainbay found that older people from 60 to 75 tend to move to a home that is €65,000 cheaper, cashing in some of the value for their old age. A fifth also relocated to more than 50 km away, possibly to return to their home region or be nearer... More >