7 Nov 2023

Growing crisis for older renters: What is the retirement sector doing to help?

From Nine To Noon, 9:25 am on 7 November 2023

Yesterday we spoke about the growing number of New Zealanders who are renting in older age.

The Retirement Commission says 40 percent of retirees will be renting by mid century; other researchers say the figure will top 50 percent even sooner. 

Against this backdrop, the retirement sector is increasingly getting out of providing rental accommodation, in favour of the 'licence to occupy' model.

We had a huge response to this story and are pleased to pick it up again today with John Collyns, the Executive Director of the Retirement Villages Association.

Photo of young carer helping the elderly woman

Photo: 123RF