“Retiree homes are the key to this crisis”
Nigel Sibley, Chief Executive of LifeCare Residences, recently featured in the business publication CityAM, endorsing the benefits of retirement communities for both their residents and society as a whole.
“Surely as a society we can accept the need to offer our elders a better choice of where to live later in their retirement. This would enable those who can afford it to largely fund their own care and support, rather than being a cost to the state, and be able to move out of under-occupied housing that is currently blocking the under-supplied housing market. Essentially if we help last time buyers, we help first time buyers at the same time”.