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1 – 10 of over 1000
Article
Publication date: 28 April 2014

Jian Zuo, Bo Xia, Jake Barker and Martin Skitmore

This paper aims to identify the critical issues to be considered by developers and practitioners when embarking on their first green residential retirement project in Australia…

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Abstract

Purpose

This paper aims to identify the critical issues to be considered by developers and practitioners when embarking on their first green residential retirement project in Australia. With an increasingly ageing population and widespread acceptance of the need for sustainable development in Australia, the demand for green retirement villages is increasing.

Design/methodology/approach

In view of the lack of adequate historical data for quantitative analysis, a case study approach is used to examine the successful delivery of green retirement villages. Face-to-face interviews and document analyses were conducted for data collection.

Findings

The findings of the study indicate that one of the major obstacles to the provision of affordable green retirement villages is the higher initial costs involved. However, positive aspects were identified, the most significant of which relate to the innovative design of site and floor plans; adoption of thermally efficient building materials; orientation of windows; installation of water harvesting and recycling systems, water conservation fittings and appliances; and waste management during the construction stage. With the adoption of these measures, it is believed that sustainable retirement development can be achieved without significant additional capital costs.

Practical implications

The research findings serve as a guide for developers in decision-making throughout the project life-cycle when introducing green features into the provision of affordable retirement accommodation.

Originality/value

This paper provides insights into the means by which affordable green residential retirement projects for aged people can be successfully completed.

Details

Facilities, vol. 32 no. 7/8
Type: Research Article
ISSN: 0263-2772

Keywords

Article
Publication date: 5 March 2018

Le Ma and Richard Reed

As the “baby boomer” generation continues to enter their senior post-retirement years, the provision of affordable retirement housing has become increasingly important for the…

1321

Abstract

Purpose

As the “baby boomer” generation continues to enter their senior post-retirement years, the provision of affordable retirement housing has become increasingly important for the community, practitioners and policymakers. However, relatively little attention has to date been placed on identifying an effective market mechanism for the industry of the independent-living retirement villages to meet this increased and unprecedented demand. This study aims to develop an innovative and affordable retirement village development model which meets the needs of all stakeholders including seniors, retirement village residents, the retirement village industry and government.

Design/methodology/approach

The attributes of this study are as follows: structure of individual living units, retirement village characteristics, retirement village facilities and services and support mechanisms. The analysis was undertaken based on data relating to independent-living retirement villages in five Australian states. A hedonic pricing model was used where the price distributions relating to these four aspects were estimated.

Findings

The results confirmed the structures of the independent living units and the retirement village characteristics were closely related to pricing, followed by services and supports with a lesser relationship, although the facilities were not significantly related to pricing.

Research limitations/implications

This research is not able to address the entire retirement village market in Australia because the available market data are limited.

Practical implications

This research uses an innovative supply-side approach to assess retirement village attributes and values, which provides stakeholders with up-to-date market information to assist in guiding the performance of the retirement village industry.

Social implications

The market evaluations imply that seniors are reluctant to pay for village attributes that are not regarded as highly sought-after. A cost-effective strategy of new retirement village developments and upgrades can be further induced, which in turn can enhance the market efficiency and affordability of the retirement villages.

Originality/value

This pricing model for retirement village units extends previous studies into retirement villages and presents stakeholders with an innovative and reliable market-oriented model.

Details

Facilities, vol. 36 no. 3/4
Type: Research Article
ISSN: 0263-2772

Keywords

Article
Publication date: 28 June 2022

Robert Osei-Kyei, Timur Narbaev, Michael Atafo-Adabre, Nicholas Chileshe and Joseph Kwame Ofori-Kuragu

The demand for retirement villages globally has been increasing due to the rapid growth in the ageing population in recent years. To address the rising challenges in the…

Abstract

Purpose

The demand for retirement villages globally has been increasing due to the rapid growth in the ageing population in recent years. To address the rising challenges in the retirement market, the public–private partnership (PPP) has become a feasible method to develop retirement villages. This paper aims to survey and examine the key success criteria (SC) for using the PPP approach in the retirement village sector.

Design/methodology/approach

An empirical questionnaire survey was conducted with experts experienced in international PPP and retirement village. The analysis was conducted using one-way analysis of variance, mean score analysis, Kendall’s coefficient of concordance and factor analysis.

Findings

Results indicate that out of the 16 recognized SC, the most significant ones are SC1: “Affordability”, SC11: “Reduced social isolation of residents” and SC14: “Improvement of emotional wellbeing of residents”. Furthermore, results from the factor analysis technique indicate that the 16 SC can be classified into five major factor groupings, and these include SCG1 – “Financial performance of project”; SCG2 – “Adherence to design and technical specifications”; SCG3 – “Adherence to local council/authority’s environmental health and socio-economic requirements”; SCG4 – “Social inclusion and risk management”; and SCG5 – “Advancement in emotional wellbeing and physical health of residents”.

Originality/value

The study will sufficiently assist retirement village stakeholders, retirement village project participants and related government authorities of the best measures to put in place to maintain the sustainable development of the global retirement village market.

Details

Construction Innovation , vol. 23 no. 5
Type: Research Article
ISSN: 1471-4175

Keywords

Article
Publication date: 1 October 2020

Robert Osei-Kyei, Vivian Tam and Mingxue Ma

The growth in ageing population globally has led to the increase in demand for retirement or aged care homes. Adopting public–private partnership (PPP) in the global retirement…

Abstract

Purpose

The growth in ageing population globally has led to the increase in demand for retirement or aged care homes. Adopting public–private partnership (PPP) in the global retirement village market has become the new approach to address some of the emerging challenges. This paper aims to explore and analyse the critical success factors (CSFs) for the adoption of PPP in the global retirement village market.

Design/methodology/approach

An empirical questionnaire survey was conducted with experienced practitioners in the global PPP and retirement village markets. Mean score analysis, normalization range method, Kendall’s coefficient of concordance and factor analysis were used for analysis.

Findings

Results show that out of the 27 CSFs identified, the most significant ones in developing PPP retirement village projects are “the age-friendly design of villages”, “appropriate location of PPP retirement village”, “reliable and accessible health and physical facilities” and “effective social inclusion and integration in villages”. Further analysis shows that the 27 CSFs can be grouped into 7 major factor groupings, namely, “effective project monitoring”, “financial support”, “social integration”, “effective contractual arrangement between parties”, “government commitment and support”, “sustainable design of village” and “effective payment structure”.

Originality/value

The outputs of this study will adequately inform retirement village developers, retirement village stakeholders and local government authorities of the best practices they should put in place to ensure the sustainable growth of the global retirement village market.

Details

International Journal of Housing Markets and Analysis, vol. 14 no. 5
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 3 April 2018

Xin Hu, Bo Xia, Martin Skitmore and Laurie Buys

As a viable housing option for older people, retirement villages need to provide a sustainable living environment that satisfies their residents’ needs in terms of affordability…

1394

Abstract

Purpose

As a viable housing option for older people, retirement villages need to provide a sustainable living environment that satisfies their residents’ needs in terms of affordability, lifestyle and environmental friendliness. This is, however, a significant challenge for not-for-profit developers because of the high upfront costs involved in using sustainable practices. The purpose of this paper is to identify the sustainable features and practices adopted in not-for-profit retirement villages.

Design/methodology/approach

Because of the lack of quantitative historical data, a case study approach was adopted to identify the sustainable features and practices used in a not-for-profit retirement village in Sunshine Coast, Queensland, Australia. Data were collected based on interviews, direct observation and documentation, and collected data were analysed by using content analysis.

Findings

The research findings indicate that similar to private developers, not-for-profit developers also have the capability to make their village environment sustainable. In this case, the sustainable practices cover various aspects including the selection of village location, site planning, provision of facilities and services, social life and living costs. Although the associated costs of adopting sustainable features is a concern for both developers and residents, some of the identified sustainable practices in this case do not result in significant cost increase but can improve the residents’ quality of life substantially.

Practical implications

The research findings provide a number of practical implications on how to deliver sustainable retirement villages in a not-for-profit village setting.

Originality/value

This paper provides a first look at sustainable features and practices adopted in both the development and operation stages of a not-for-profit retirement village.

Details

Facilities, vol. 36 no. 5/6
Type: Research Article
ISSN: 0263-2772

Keywords

Article
Publication date: 1 September 2008

Tricia McLaughlin and Anthony Mills

Ageing populations, although exhibiting marked differences across countries and cultures, are a global phenomenon. Old‐age dependency ratios in most developed countries are…

Abstract

Ageing populations, although exhibiting marked differences across countries and cultures, are a global phenomenon. Old‐age dependency ratios in most developed countries are projected to double by the year 2050. In Australia there will be a strain on economic growth as a large part of the population moves from pre‐retirement to post‐retirement age over the next 25 years. A disproportionate amount of this strain will be concentrated in aged‐care housing or retirement accommodation. Current evidence suggests that existing housing stock for older people is inadequate. As the Australian population ages, the maintenance and long‐term performance of retirement housing is a key concern of government and housing providers. This study looked at four aged‐care or retirement providers across Australia and examined the performance of the current housing stock managed by these providers. The interviews revealed that housing design decisions in retirement stock, although critically important to the changing needs of occupants and the adequate supply of suitable housing, are often ill‐considered. The findings critically question the idea of simply building ‘more of the same’ to relieve demand. This study has major implications for the future of Australian retirement housing, especially as the population ages dramatically.

Details

Quality in Ageing and Older Adults, vol. 9 no. 3
Type: Research Article
ISSN: 1471-7794

Keywords

Article
Publication date: 19 October 2012

Mika Toyota and Biao Xiang

This article aims to explain how a transnational “retirement industry” in Southeast Asia has emerged recently as a result of interplays between various national and transnational…

2593

Abstract

Purpose

This article aims to explain how a transnational “retirement industry” in Southeast Asia has emerged recently as a result of interplays between various national and transnational forces, particularly in the domain of elderly care. “Retirement industry” refers to business operations related to the relocation of foreign retirees, primarily Japanese pensioners, who seek affordable social care and alternative retirement life.

Design/methodology/approach

This paper is based on extensive documentary studies and multi‐sited ethnographic research from 2004 to date. In‐depth interviews with retirees and relevant agencies were carried out in Thailand, Malaysia, the Philippines and Indonesia.

Findings

This article delineates how demographic and economic changes in Japan create demand for the transnational retirement industry, and how Southeast Asian countries actively promote the industry as a national development strategy. As such the boundaries between nation‐state and between the market and the state are simultaneously crossed. The industry opens new transnational routes and spaces and thus further complicates the transnationalization of elderly care in Asia.

Originality/value

Current research on social welfare remains dominated by methodological nationalism, and this article calls attention to the transnational dimension in understanding recent changes in social care. By engaging the predominant paradigm of “care diamond”, the article shows that how boundaries shift between various care providers within nation states is inextricably related to how borders are crossed between nation states.

Details

International Journal of Sociology and Social Policy, vol. 32 no. 11/12
Type: Research Article
ISSN: 0144-333X

Keywords

Article
Publication date: 26 May 2023

Julia Barrett

This paper aims to describe a literature review and online survey to explore the provisions and support for people living with dementia in housing with care (HwC) settings within…

Abstract

Purpose

This paper aims to describe a literature review and online survey to explore the provisions and support for people living with dementia in housing with care (HwC) settings within England.

Design/methodology/approach

An initial scoping literature review was conducted to synthesise the evidence relating to residents living with dementia in HwC settings and informed the development of an online survey distributed to HwC housing managers to explore the provisions, policies, procedures and support services relating to people living with dementia in HwC settings.

Findings

The findings provided a picture of HwC settings in England and the residents, particularly those living with dementia, in terms of policies and procedures, reasons for moving into HwC, reasons for denying entry, reasons for leaving, positive outcomes, staff knowledge and training, environmental design, challenges and successes.

Research limitations/implications

The survey responses were from a self-selected sample of HwC providers and scheme/village managers; thus, it may be the case that the settings involved were doing more to support residents living with dementia. It should also be appreciated that the responses were based on the perceptions of the individual staff members completing the survey, not those of the HwC residents.

Originality/value

This study presented a picture of the current state of provisions and support for people with dementia within HwC settings in England, providing an essential platform from which to undertake targeted research to help shape future provision and enabling housing providers to assess their current schemes within the wider context.

Details

Housing, Care and Support, vol. 26 no. 2
Type: Research Article
ISSN: 1460-8790

Keywords

Article
Publication date: 21 December 2020

Andrew Fyfe and Norman Hutchison

This article aims to understand the housing needs of older people and to ascertain the level of demand and supply of age-related housing in Scotland. It also explores interest in…

Abstract

Purpose

This article aims to understand the housing needs of older people and to ascertain the level of demand and supply of age-related housing in Scotland. It also explores interest in different types of retirement accommodation and tenure options.

Design/methodology/approach

A review of existing literature is undertaken on senior housing preferences and residential satisfaction. Primary data is collected from an online survey of people over 55 in Scotland to ascertain demand side requirements with secondary data on current supply obtained from the Elderly Accommodation Counsel and data on future pipeline collated from market reports.

Findings

The results from the survey confirm earlier research that seniors when looking for accommodation in their retirement years particularly focus on the local area, access to shops, social relations with neighbours and the design of the home interior. Current analysis of the level of supply at a county level reveals that there is significant undersupply with some particularly striking regional differences. Along with a desire for owner occupation there is interest, particularly among the 75 plus age group, to lease their accommodation, perhaps a consequence of volatile property markets, insufficient pension provision or a desire to pass wealth to their family prior to death. This shortfall in supply highlights development opportunities and raises the possibility of introducing a build-to-rent senior housing offering, which may be of interest to institutional investors.

Practical implications

The Scottish Government is currently reviewing its strategy for Scotland's older people. The results are of practical benefit as they expose the gaps in supply of age-related stock at county level. This may require the government to introduce policy measures to encourage a mix of housing types suited for the ageing demographics of the population. This research highlights opportunities for developers and investors to fill that gap and explains why advancements in technology should be incorporated in the design process.

Originality/value

This paper brings together supply side data of senior housing in Scotland and provides insights into the housing preferences of seniors. It will be of direct value and interest to developers and institutional investors.

Details

Journal of Property Investment & Finance, vol. 39 no. 6
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 9 June 2022

Su-I Hou, Esteban Santis, Anna V. Eskamani and Khristen Holmes

The “Village” model has become an emerging, community-based, social initiative to help older adults age in place. This study aims to examine neighborhood social cohesion (NSC), or…

Abstract

Purpose

The “Village” model has become an emerging, community-based, social initiative to help older adults age in place. This study aims to examine neighborhood social cohesion (NSC), or social connectedness and quality of life, from the perspective of village members.

Design/methodology/approach

A mixed-method evaluation was used to examine two Florida villages, a master-planned village (FV1) and a diverse neighborhood village (FV2). Both are full members of the National Village to Village Network.

Findings

The quantitative and qualitative data provided complementary and deeper understanding. Quantitative findings showed that FV1 members scored higher at NSC, and qualitative findings further confirmed that village program social activities were critical to building connections, especially for those who have lost loved ones and were single.

Research limitations/implications

Findings should be interpreted considering the predominantly white racial makeup and affluence of village participants.

Practical implications

Findings point to the importance of NSC as older adults age and suggest that programs should prioritize activities that strengthen social connectiveness.

Originality/value

This is one of the first mixed-methods evaluations examining NSC and quality of life among village participants.

Details

Quality in Ageing and Older Adults, vol. 23 no. 3
Type: Research Article
ISSN: 1471-7794

Keywords

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