Thursday September 24, 2020

The downsizer’s checklist

A new survey of retirees has found that the lack of a garden and insufficient space to entertain friends are the main stumbling blocks to downsizing

14th April, 2019
Changing needs are what may prompt older houseowners to condsider selling and moving Picture: Shutterstock

A garden and enough room to entertain family and friends are the top dealbreakers when it comes to retirees considering downsizing in Ireland. That’s according to a nationwide survey commissioned by Dublin-based investment management firm, Lotus Investment Group, and carried out by Dublin based research firm, iReach.

The survey of 1,000 people found that 78 per cent of respondents indicated that they would be willing to downsize at some stage, once their ‘could...

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