At our LEADERS SUMMIT I presented a 40-minute paper on five predictions for the retirement village sector over the next five years. In summary they are:
- Villages face the risk of irrelevance: early baby boomers will stay in their own homes or downsize to ‘care concierge’ NORC apartments with no DMF.
- Private aged care will be the dominant village model, backed by ‘big data’
- We will have figured out how to recycle old villages – halting declining penetration – 45,000 units will become available (ie villages 30+ years old)
- MHE/LLCs will be bigger than the village sector
- Few new village entrants and no ‘Young Guns’ investing in the sector
You can view the 40 minute video presentation, if you wish, below.
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[embed]https://www.youtube.com/watch?v=mVHivXy7y9k?rel=0[/embed]