UK Seniors Housing Report 2024
![UK Seniors Housing Report COVER](/_assets/images/Housing/Covers/UK-Seniors-Housing-Report-2024-COVER.png)
This report from global real estate services firm JLL reveals a shortage of up to 46,000 homes in the next five years for UK seniors. The report attributes this shortage to an ageing population and inadequate pipeline supply.
Based on JLL’s analysis of pipeline developments and forecast population growth among the over 75s, the report finds that the sector must grow to respond to demographic drivers, which will see the number of people aged 75 and over rise by 38% by 2040. The projected deficit of between 31,500 and 45,900 units is expected to worsen as the demand for housing for older people accelerates due to longer life expectancies and increasing health concerns.
The report concludes that there is a huge market opportunity for existing operators and new entrants and explores the continued disparity between the proportion of affluent older people versus the sector provision which it finds is heavily skewed towards an affordable tenure.