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Trump Administration Executive Order (EO) Tracker
The over 65s are (by some margin) the fastest growing demographic in the UK, with the number of over 65s set to race past 17 million by 2040. With an increasingly ageing population, there is an urgent need for innovative policies and solutions to address the increasing demand for improved accommodation and facilities for the UK's elderly population.
The UK Government's "Older People's Housing Taskforce" recently published its long-awaited report, "Our Future Homes: Housing that promotes wellbeing and community for an ageing population," within which it highlighted the need for improved housing solutions for the elderly – and more of them!
The Taskforce estimates that the UK needs to build around 30 – 50,000 new later living homes per year in order to meet the needs of our ageing population; we are currently only building around 7,000 per year. Some of the other key recommendations of the report are:
The comprehensive strategy seeks to alleviate pressures on the health and social care systems, alongside the broader housing market (by freeing up under-occupied family homes). The report is a decisive call for change, urging the government to take immediate action to expand later-living housing options. By prioritising the creation of supportive, community-oriented living environments and increasing the availability of affordable housing, the report indicates the government can significantly enhance the wellbeing of older adults, ensuring they have access to appropriate, affordable care and accommodation and fostering a more inclusive and supportive environment for the UK's elderly population. However, with the UK national debt at its highest level and no "magic money tree" in sight, it is likely that the UK government will continue to look to the private sector to drive forward the delivery of new stock (and new tenure and accommodation models) in this sector.
Authored by Sian Howes.