It’s time to sell up your home OAPs told: Anger as financial watchdog tells elderly to downsize to tackle housing shortage

‘Older homeowners who ‘sit quite happily in a very big house’ should be given more encouragement to sell up and downsize, it was claimed yesterday.

Ministers should look at ways to tackle the problem of retired people living in properties that are too big for them, says a major financial watchdog.

A senior official risked the wrath of millions of mortgage-free pensioners who remain in family homes when she said they may need to be steered towards moving to retirement housing.’

Read more: It’s time to sell up your home OAPs told: Anger as financial watchdog tells elderly to downsize to tackle housing shortage 

The post It’s time to sell up your home OAPs told: Anger as financial watchdog tells elderly to downsize to tackle housing shortage appeared first on David Icke.