Valueing retirement housing: exploring the economic effects of specialist housing for older people
- Document type
- Lloyd, James
- Strategic Society Centre
- Date of publication
- 19 August 2016
- Older Adults, Housing and Homelessness
- Social welfare
- Material type
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The report highlights the wider benefits of appropriate housing for the elderly for society as a whole by focusing on the financial impact of specialist retirement housing on health care costs, local and social care expenditure.
Findings are based on relevant social and population survey data, highlight the benefits of moving into specialist housing for the older people, for their health and well being and improved financial situation, and for the younger generation of first time buyers, as more affordable housing becomes available.
Author James Lloyd provides census data for older home owners, points out how health care needs and costs fall, as figures for people in specialist housing for the elderly rise and highlights what this means in terms of savings for local authorities and the NHS.
Related to Older Adults
Report on Defined Benefit pension schemes