Downsizer Solving Housing Affordability in Retirement
By Dexter Cousins on 24/08/2023
Mark Macduffie joins Dexter Cousins on Fintech Chatter to discuss Downsizer, a platform that helps homeowners and retirees with enough equity in their current house buy their next house with zero cash deposit.
Downsizer solves the problem of housing affordability by qualifying retirees and downsizers using their proprietary technology to prove that they have sufficient equity to buy their next house. The platform aims to simplify the process for downsizers and help free up 1.7 million households in Australia.
Downsizer Helping Retirees and Homeowners:
Downsizer helps homeowners with enough equity in their current house buy their next house with zero cash deposit.
The platform solves the problem of housing affordability by qualifying downsizers and retirees using their proprietary technology.
Downsizer aims to free up 1.7 million households in Australia and have a cooling effect on the housing market.
The platform uses a blend of digital technology and a financial instrument to simplify the process for downsizers.
Downsizer is in pilot phase with mortgage brokers and is partnering with real estate agents to handhold downsizers through the process.
About Mark Macduffie
Mark Macduffie is the co-founder of Downsizer, a unique blend of digital technology and a financial instrument that helps homeowners with enough equity in their current house buy their next house with zero cash deposit.
Mark brings a wealth of knowledge and expertise to the Downsizer team. A digital, data and innovation executive with 30+ years of experience delivering products and solutions in five countries across multiple business and financial sectors.
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