Only 6,000 ILUs were built in the US in 2010, according to Robert Ezer of Baybridge Seniors Housing (Ontario) at the Terrapinn Retirement World Conference last week. This compares to 1999 when construction peaked at 65,879 ILUs. He sees no change in the uptake in the US market either, because of the mortgage crisis, despite the accelerated ageing of the population. This tells us that the village market can hold off the decision to move.
Government Policy
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.
