This is continued feedback on the CAFE group Introduction survey. (see previous posts by clicking on ” CAFE Project ” in the Tag Cloud )
68% of the group live in a house, which probably was their family home. Given that now most are married or single and are over the age of 60, it suggests the majority are likely to be under occupying their house. This is a significant issue in terms of the direction of current Government policy. For renters it could mean that they would be hit by the “bedroom tax”, if it were extended to older people. For home owners, they probably have a financial nest egg which they could cash in, to pay for a better lifestyle in their old age, provided they were prepared to downsize to smaller accommodation.
Footnote :- it may be useful to do a housing options appraisal ( YouTube discussion )