00:02In their peaceful suburban home, this couple is considering their next step.
00:06We've been living in this house for 14 years. We've brought three children up in this house.
00:12They're thinking about downsizing, but fear the cost of a move, including stamp duty, would be prohibitive.
00:18There are vaguely significant financial penalties for someone such as us to move out of a five bedroom house
00:25to move into, say, a three bedroom apartment.
00:27That bind has prompted calls for pensioner stamp duty concessions to be offered in Queensland,
00:33like in Victoria and the ACT.
00:35A million dollar home across Australia ranges from about $35,000 to $55,000 in stamp duty costs.
00:42That's a lot of money for a pensioner or a retiree.
00:45Beyond the cost, there's the issue of choice. What sort of homes people want to live in and where as
00:51they age.
00:52If there is no smaller housing types, there's no townhouses, there's no small houses.
00:57There is no opportunity to remain in that community.
00:59Recent planning changes in Brisbane slashed minimum lot sizes in some areas.
01:04Big houses on small blocks as well as mixed in with apartments, townhouses, row houses.
01:10Despite being urged to further relax planning rules, the council says it's not considering scrapping minimum lot sizes
01:16to bring medium density development into low density suburbs.
01:20We need to rethink the low density residential zone completely.
01:24It makes no sense to me that you can't build a duplex, but you can build a seven bedroom house
01:29with a ten car garage.
01:31More choice for those ready to turn the next page in life.
01:35Let's begin, yeah.
01:36You
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