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Centre for Policy on Ageing | |
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Housing markets and independence in old age expanding the opportunities | Author(s) | Michael Ball, Robert Blanchette, Anupani Nanda, Peter Wyatt |
Corporate Author | Henley Business School, University of Reading |
Publisher | Henley Business School, Reading, 2011 |
Pages | 45 pp |
Source | Henley Business School, University of Reading, Whiteknights, Reading RG6 6UD. Web: www.henley.ac.uk |
Keywords | Sheltered housing ; Owner occupied dwellings ; Retirement communities ; Social policy ; Research. |
Annotation | This report outlines findings from research on housing for older people who live in specialist private retirement accommodation, called owner occupied retirement housing (OORH). This type of housing is purchased, on a leasehold basis, and found in specially designed blocks of apartments which have communal facilities, house managers and other networks of support integrated within them. There are currently around 105,000 OORH houses in the UK, about 2% of the total number of homes for those aged 65 and over. The report examines the potential demand for OORH, and providers and supply side constraints. Findings reveal a higher quality of life for residents and their families: 92% of OORH residents are very happy or contented; and most have family and friends in the locality, and the great majority would recommend the accommodation to others. OORH was environmentally better than traditional housing, with reduced energy use, including less travel; 51% of OORH residents said that their energy bills were noticeably less. The report concludes that policy on this type of requirement needs to be reassessed, since older people could benefit from this type of accommodation. However, due to restrictive planning and housing policies, many older people are not being provided with the opportunity to purchase OORH. (RH). |
Accession Number | CPA-161216002 B |
Classmark | KLA: KEA: ROA: TM2: 3A |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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