Thursday, 10 November 2016

Retirement Home Shortage Worry For The UK

0.6% of housing in the UK is private retirement housing – a number that needs significantly improving for an ageing population. Analysis from Knight Frank shows the demand from older people is far higher than the current stock levels. The number of homes classed as retirement housing, which ranges from care homes to age-restricted developments, counts for 2.6% of stock but only 0.6% of these are private retirement housing. Estimated build for new units in 2016 is thought to be at 5,500 – adding to the 715,000 current stock – which accounts for around 3% of delivery. There are already 7.8 million people over the age of 65 or 18% of the population and 12% over 70. Read more on 24housing.

No comments: