The Built Asset Blog
Senior living and the demographic time bomb
The growth of caring for older people in the healthcare sector has increased exponentially in recent years as we are all living longer and there is a higher demand for services on a visiting basis rather than normal residence in care homes.
The need for up to 250,000 new places is paramount to meet this increase by 2025, however there is already a shortage of care homes with current occupancy above 88% and significantly lower numbers of new ones actually planned for the future. It is also true that some places are not fit for purpose and in light of this we see a move to social care villages where there is scale to deal with multitude of dependencies, supporting infrastructure for retirement, assisted living and intensive elderly care provision.
What are your thoughts on this? Get in touch
The need for up to 250,000 new places is paramount to meet this increase by 2025, however there is already a shortage of care homes with current occupancy above 88% and significantly lower numbers of new ones actually planned for the future. It is also true that some places are not fit for purpose and in light of this we see a move to social care villages where there is scale to deal with multitude of dependencies, supporting infrastructure for retirement, assisted living and intensive elderly care provision.
What are your thoughts on this? Get in touch
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