Retirement poverty more confronting to one half of the population
Real estate investment offers women a pathway out of retirement poverty, at a time when a rising number of older females are being forced to rent.
Australians are living longer but, unfortunately, the rise in longevity is a surprise for many retirees who are finding they have insufficient retirement savings. (Image source: Shutterstock.com)
One of the biggest shifts in home ownership demographics in 2022 has been the increase in the proportion of women who own property.
Australian Bureau of Statistics data shows nearly half (47 per cent) of property investors are now women, compared to just 20 per cent in the previous decade.
Female real estate investors, however, do face added financial hurdles.
The wage gap in Australia between men and women means female property buyers require…
