What happens next? Eugene Marchese’s reforecast for 2020 and beyond
In the second in our three-part series, figures from the residential and property finance sectors share their outlooks for a post-lockdown world.
Top industry figures share their hopes and fears about the emerging post-lockdown property landscape. Read their thoughts and predictions on what happens next below:
Eugene Marchese Co-founder and director, Guild Living
This year has highlighted how far behind other countries the UK is when it comes to providing tailored, age-appropriate housing for older people. Most of society has no real understanding of ‘later living’ and the multifaceted benefits that retirement communities have to offer, but the Covid-19 crisis has woken everyone up to what happens when we ignore the question of ‘how do we want our parents to live?’
We think that older people deserve the chance to live independently and above all, safely. The crisis creates an opportunity to build the right sort of housing for later living, with great design, supportive communities and close to facilities, friends and family where they can stay connected and avoid becoming lonely or isolated. Helping people to rightsize where they want to would also have positive knock-on effects across the whole housing market.
We will start to see the pressure build on the government to consider how housing policy can catch up with the demands and opportunities of our ageing population. The government should establish a housing strategy which joins housing and health and obliges local authorities to meet the need for retirement housing in their areas.