Instead of expanding out, our Antipodean friends are going up; and the demand for hi-rise retirement living is currently sky-high.
More than half-a-million homeowners aged over 55 have been unable to move due to a lack of suitable housing, new research has claimed
More than five million new homes will need to be built in the next 25 years to cope with the growing demand for suitable retirement property.
According to a new report by the NHBC Foundation, around 9 out of 10 older people say they love their experience of living in retirement housing.
Almost 10 million Britons over-50s are delaying their retirement just to keep pace with day to day living, so is downsizing the solution?