Listen
According to a report by the Retirement Commission, in 25 years 40% of over 65-year-olds will be paying rent.
Against this backdrop, the retirement sector is increasingly getting out of providing rental accommodation, in favour of the 'licence to occupy' model.
Older renters can expect to wait years to get into a rental unit in a retirement village setting.
Most will end up in the private rental market - yet advocates say there is work to do around the availability, suitability, and affordability of these homes.
So what options are left for New Zealanders renting in older age?
Kathryn is joined by Esther Perriam, is Director at Eldernet and Dr Kay Saville-Smith, a researcher on housing in older age and the director for the Centre for Research, Social Evaluation and Assessment.
Photo: 123rf