Thursday, 5 September 2013

Care Minister Warns Of Sheltered Housing 'Market Failure'

Norman Lamb has warned of a ‘market failure’ in developing sheltered housing for elderly people.  He said there were very few ‘players in the market’ willing to develop specialised housing for older people despite ‘burgeoning demand’. ‘There appears to be a sort of market failure at the moment,’ Mr Lamb said.  ‘[There are] very few players in the market for developing specialised housing for older people… and yet there is an enormous burgeoning in demand. Read more on Inside Housing.

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