Retirement Villages a purchase price without ownership

 VOTE NO to the new Retirement Villages Act.

The new act perpetuates the retiree rip-off by charging a 'purchase price without property ownership' to obtain entry. 

The village owner/operator is authorised by the act to transfer all the costs of property ownership to the retiree whilst retaining all the benefits for themselves.

The business model inherent within the act hides what is simply residential tenancy by any other name but a demonstrably higher price.