Later living: a positive investment.

By 2030, ONS predicts that 15 million people will be over 65.

With a large ageing population who are not currently being catered for, we need to change the way we think about older adults living conditions and address the lack of attractive options.  Whilst it is clear that there is a demand for building retirement housing stock, it should be noted that retirement communities are a genuine need that could improve lives.

Eugene Marchese, co-founder and director at Guild Living, comments: “The Covid-19 crisis has hit our elderly population hard and has exposed the terrible truth that many millions of people in later life do not have a safe place to call home.”

“Too many are lonely and isolated, live in homes that pose a risk to their health or cannot safely access the care services they require.”

“This crisis must herald a revolution in the way that we care for our elderly generation. It must prompt us to ask ourselves ‘how do we want our parents to live in later life?’. The time has come to look at ageing in a new way and to ensure that we, as a society, value the extraordinary life of every older person.”

To read the full article from Property Week, exploring an ageing population and downsizing and suitable care, click here.