Valuing Retirement Housing: Exploring the economic effects of specialist housing for older people

This Strategic Society Centre report supported by Anchor represents a strong case for the need to prioritise homes for older people.

This report:

• Explores the potential economic effects of specialist retirement housing
• Estimates the financial value of these economic effects drawing on relevant social survey, administrative and population data;
• Aggregates the total estimated financial value of a single unit of new specialist retirement housing across the lifetime of its first resident

This report looks at how specialist retirement housing can influence:

• Health and care costs
• Local authority adult social care expenditure
• First time buyers ability to get on to the property ladder, and their subsequent retirement wealth and housing costs.

The report estimates that the development of a single new specialist retirement housing unit may result in savings to the state.