Some Retirees are Upsizing

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We found this intriguing article from Telegraph UK. It’s called Forget downsizing: meet the people who are buying larger homes in retirement.

In it, Jane Slade reports on this interesting trend. Here’s a part of her report:

Now, “upsizing” is becoming so popular that developers are incorporating larger apartments in their mix of homes. A recent report from the National House Building Council (NHBC) found that 46 per cent of homeowners aged 55 to 74 had spent extra money on their latest move, with 28 per cent of those who had moved buying a larger property with more bedrooms.

For more information, check out the rest of the write up from Jane Slade.

Read the source article at The Telegraph