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3Australiansarelivingmuchlongerleadingtoahigherproportionofolderpeopleneedingsuitablehousing202530354045192120132101AgeyearsFigure2MedianageyearsovertmeTime.05101520253035404520131921210185yrs35yrs20yrs55-8530-550-30PopulaonmillionsTimeFigure3Cumulatedagecohortpopulaonmillionsvs.me70yrs55yrsFIGURE1PercentageOfThePopulaonOver55From1921To2101Thisgraphgoesback90yearsfromtodayandgoesforward90yearstotheendofthecentury.90yearsagotheover55swereonly10ofamuchsmallerpopulaonthantoday.By2013thepercentageofover55shasgrowntoaround25andprojecons90yearsaheadlithisto35.Balancingthisincreaseinthepercentageofolderpeopleisadecreaseinthepercentageofpeoplebelow20whogenerallydonothavetheirownhome.90yearsago40ofthepopulaonwerebelow20yearsoldwhiletodaythishasdroppedto26.Projecngforward90yearstheproporonof20yearoldsdropsto22.Thisdemographicshitoolderpeoplewhogenerallyhavetheirownhousefromyoungerpeoplewholiveinthefamilyhomewillputpressureonhousingsupply.Figure1Australianpopulaonagedistribuonoverme010203040506070809010019212013210120yrs35yrs55yrs70yrs85yrsPopulaonmillionsTimeFIGURE2MedianAgeFrom1921To2101ThemedianageinAustraliahasclimbedfrom2690yearsagoto38todayandclimbingto44overthenext90years.ThelargenumberofbabiesbornaerthewartheBabyBoomersreducedtheaverageconsiderablyforabout20years.FIGURE3AustralianPopulaonMillionsFrom1921To2101WhentherisingpopulaonofAustraliaislinkedtotheincreasingnumberofpeopleover55theimpactonhousingsupplybecomesmorecrical.90yearsagotherewereonlyafewhundredthousandcizensover55inapopulaonof5million.Todaytherearearound6millionpeopleover55inapopulaonof23millionandin90yearsmetherearelikelytobe16millionpeopleover55inapopulaonof45millionpeople.TheclearmessagefromallthepopulaonprojeconsisthatthereisagrowingneedformorehousingforolderpeopleinAustralia.Thebigquesoniswhattypeofhousingissuitableforthevarioussegmentsoftheagedcohort.GraphsinthisseconarereferredfromCityFuturesReporttled-UnderstandinghousingandlocaonchoicesofreringAustralianinthebabyboomgeneraonbySimonPinnegarandRyanvandenNouwelantwithBruceJuddandBillRandolphSource1921-2006ABScat.no.3105.0.65.001AustralianHistoricalPopulaonStascs2007-2101ABScat.no.3222.0TABLEB9PopulaonprojeconsReferencehpnhsc.org.aules201302housing_in_the_baby_boom_generaon.pdf