Sell us elderly people's homes to help the property shortage

Michelle McGagh
portrait of smiling seniors...
portrait of smiling seniors...

It doesn't matter where in the country you live, everyone is going property mad; estate agents can't get properties on their websites fast enough before they're snapped up by some young pup eager to get their foot on the ladder.

This discrepancy between buyers and sellers means that the properties that do come on the market are selling for inflated prices, especially in the capital where buyers know they will more than likely have to pay over the asking price in order to secure a new home (and even then it's no guarantee that they won't be outbid).