Most retirees have there house say in Sydney at $500000 they will still have a $70000 mortage when they retire, along with about $6000 in savings and around $6000 in shares. They sell there house clear the debt legals stamp duty just maybe they have $420000 between them split in two leaves $210000 each. They can not buy a property so they find some one to live with it still leaves a lot of property on market to be sold. Some thing in the range of 650000 properties to be sold over a 12 year span. Regards dennis
