Difference between retirement villages and lifestyle communities A Current Affair Investigation 

I’m staying in my home - cheaper to hire people to help with mowing, gardening etc, why sell & move into a dog box?

It needs government intervention to research this properly and bring these people to heel. They are obviously. Taking completed advantage of these elderly people it's disgraceful.

It's a joke which needs to be exposed. It's misleading, despicable, just theft. It maybe legal and all covered in the contract. But unethical, unfair to say the least.

Wish we had him in Adelaide😊

🎉🎉

One big suck in no family wealth left one way in and no way out 🤔😉🤔😉

Why would anyone buy a home where you don’t own the land?

Problem with retirement villages that dont have exit fees or capital gain fees is that the house is a leasehold. You dont own the property. If the management sell the village, and the new management decided to redevelop the place, you will be kickout.

I wouldnt go to one even if I had lost my marbles

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.