While Sydney house prices have dominated commentary, I do not believe yesterday’s announcement will overheat the market although it should remain buoyant.
The transition to aged care should be as stress-free as possible, preferably without the shock of needing to sell one’s home in order to move into permanent care.
"A lot of Australians have invested their hard earned money in real estate, and in doing so, they have offset the losses of that real estate against their primary income, in order to give themselves and their children some financial security."