How can Australia’s ageing population free up much needed cash for cost of living, retirement and lifestyle goals? Mark MacDuffie and Michael Blythe believe downsizing is a key solution.
Listen to this episode now and subscribe via the Property Hub channel on Apple Podcasts, Spotify and Google Podcasts.
Financial stress compounds in later years, as retirement comes in to focus and lifestyle needs and goals change. Throw in a pandemic, rising interest rates and volatile markets, it’s easy to see why older Australians are feeling the pressure.
Baby boomers have a huge influence on housing market conditions. They make up about 25% of the Australian population but own more than half of the country’s national wealth, with most of it tied up in their homes. This means they’re asset rich but often cash poor.
But ‘downsizing’ or ‘rightsizing’ is easier said than done. Thankfully, our guests, Downsizer.com CEO Mark MacDuffie and economist Michael Blythe are solving the these challenges, for individuals and the economy at large.
The duo reveal fascinating research and insights about the downsizing opportunity, and much more.
Find out more about Downsizer
Three easy ways to Get Invested right now:
1. Subscribe to this podcast now, if you haven’t already, and get the inspiration delivered to your podcast feed each week
2. Get a copy of my book, Get Invested, for FREE, and find out what it takes for you to invest in living more, working less. Go to: https://knowhowproperty.com.au/get-invested-free-ebook
3. Join the Get Invested community. Each month Bushy sends a free and exclusive monthly email full of practical ‘Self, Health and Wealth’ wisdom that our current Freedom Fighter subscribers can’t wait to get each month. Just visit bushymartin.com.au, scroll to the bottom of the page and sign up.
Listen to the episode here.
About Get Invested, a Property Hub show
Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth’ potential.
Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia’s most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them.
Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia’s top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotify and Google Podcasts to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia’s top online property show for red hot property investing news and insights direct from property industry leaders and influencers.
Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, show producer Andrew Montesi from Apiro Marketing and Apiro Media, and Australia’s largest independent podcast network DM Media.
