Access and cost of land was the single largest barrier to
dedicated retirement communities being developed. Winckworth Sherwood in a
survey of 300 housing, health and social care professions asked: what holds
back the retirement living market and why the UK has not yet seen the rise of
dedicated retirement communities? 28% of respondents told the firm the
availability and costs of land are the single largest barrier, followed by a
lack of funding (22%). A further 13% blame the cost of development and
construction, with 9% saying the planning regime in England. 36% said that
large scale retirement villages are still a decade away, with 40% believing we
will have to wait at least 20 years. Read more on 24housing.
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