SHARE houses are typically considered the domain of university students, but some retirees are viewing share homes as a great option to save money and live the kind of lifestyle they want.
RETIRED people are really feeling the pinch as a result of historically low interest rates, which look set to continue for many years. Term deposit rates barely beat the inflation rate. The upper deeming rate is actually higher than even the best term deposit rate. A group of people who should be happy are property developers.
BEFORE the State Election, the Council of Social Service, NSW (NCOSS), Infrastructure Partnerships Australia (a developer lobby group) and the Baird Government signed a Memorandum of Understanding (MOU) to establish an affordable housing fund.