Countering the BOS survey is consistent news of strengthening sales. Catholic Homes
in Victoria report they are exceeding their budgets in Clayton, St.Ives in WA has had a
strong response to their launch of their new village in Albany, plus numerous operators
talking the market up this week. All agree their prospects are needs driven.
Think big. Think care campuses.
The gnarly problem: the lack of new ageing accommodation infrastructure over 20 years has hit the Baby Boomer demand bubble. Bad outcomes for old people are accelerating. Planning approval hurdles are cited as the root cause. Delay and bureaucratic...