Downsizer provisions should be extended to equity release. What difference does it make if you sell, move and deposit money into super or you sell a part of your home, stay and deposit money into super. The first option means you have to move, the second means you don't have to move and the financial result is the same either way. Many seniors prefer to age in place because they're familiar with their surroundings, like where they live and are mostly close to family and friends. Also selling, moving and repurchasing can be very costly and similar to equity release, so you may as well stay put. Why can't the government see this?
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