Pensioner finds cheaper life in Thailand after rent squeeze

Peter Stevenson, an Australian pensioner, has discovered a more affordable way to live by relocating to Thailand, where he can comfortably manage on his Age Pension after facing high rent costs and essential expenses in regional Victoria. This trend reflects broader concerns about rising living costs in Australia, prompting some retirees to seek better financial stability abroad. Stevenson's move highlights the growing phenomenon of Australians opting for overseas living to escape domestic economic pressures.