Create conditions for more private development of affordable housing to seniors:

Published on

the Property Council is arguing that retirement villages provide a highly cost efficient hub for delivery of in-home care and health services, alleviating housing supply pressures for younger families and reducing hospital and aged care costs.

Solutions put forward include working with the industry on a national senior strategy to lift supply of affordable housing to facilitate downsizing, review the tax treatment of retirement villages and review the age pension income test rules in the finance of downsizing.

Share.

About Author

The Weekly SOURCE is the leading media for retirement living and aged care businesses, delivering sector-specific news through four mastheads. Operating as part of The DCM Group, The Weekly SOURCE also provides a directory of proven sector specialists and an insights exchange.