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Soaring housing costs are pushing retirees into areas where disaster risks are high


The impacts of a closed border and recent floods have highlighted the challenges facing older Australians who live permanently in caravan parks and manufactured home estates. These properties have long provided affordable housing for retirees, particularly those who rely on the age pension and have limited assets or housing equity. Residents typically own their caravan or mobile home and pay a regular site rental.
Two trends are emerging as problems for these residents:
caravan parks and manufactured home estates are undergoing “gentrification” as they transform into high-end domestic tourism (with border closures boosting demand) and lifestyle estates
many properties that house older Australians are increasingly exposed to natural hazards such as fire and floods. ....

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