Lifestyle Communities promise retirees affordable, resort-style living. But some say they're a 'financial prison'

Land lease communities are marketed as a way for people to downsize and keep their independence as they grow older. More than 130,000 Australians live in these communities, but what some don't realise is the properties can become a financial trap, difficult to sell and hard to leave.

Also published on ABC News

15 July - Lifestyle Communities promise retirees affordable, resort-style living. But some say they're a 'financial prison'

16 July - Land lease operator Lifestyle Communities share price plunges following ABC investigation

ABC 730 15 July 2024

Previous
Previous

Retirement villages are billed as worry-free independence for Australians but many have few options once they move in

Next
Next

Pain Factory