Exploring Alternative Housing Solutions: Super Funds & Reverse MortgagesThe Australian housing affordability crisis persists, with federal government plans like using super funds for housing investments facing criticism. Experts argue that such investments may not significantly impact affordability and could be better used for social and affordable housing.A growing discussion revolves around super funds investing in the broader residential property market, offering benefits like longer tenancies and economies of scale. However, challenges include state land tax rules and potential public backlash.A more promising avenue is providing reverse mortgages and equity release schemes, particularly annuity income options. This could significantly boost retirees living standards by unlocking housing equity, estimated at $1.3 trillion. Despite risks, many experts believe these are often overstated, making this a potential meaningful impact on both super fund members financial well-being and the broader housing landscape.

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