Our aging population needs homes designed to support us as we get older
Your home is the foundation for your life, whatever age you are. Whichever way you look at it health and financial stability are intrinsically linked with living in a home you can afford and that meets your individual needs. The UK’s housing crisis is not simply caused by a lack of homes, but also by a shortage of appropriate homes. Building more is the obvious solution however as we commit to more development we need to invest in a variety of homes in order to suit everyone.
An aging population needs homes designed to support people to maintain their independence as they grow older. This is an issue particularly relevant to the East Midlands as in recent years Lincolnshire has become the top retirement destination of choice. The open countryside, comparatively low property prices and abundance of market towns attract thousands of over 60s to settle here every year. As a result, in 2010 21% of the Lincolnshire population was of retirement age compared to just 16% nationally. Although numbers are set to rise across the country it’s predicted that approximately a third of Lincolnshire’s population will consist of people of retirement age by 2033 compared to a national average of 23%. (Lincolnshire Research Observatory, 2011.)
As in the rest of the country, the region is building less than half the homes it needs to meet demand and the aging demographic puts a distinct pressure on the local housing market to provide homes suitable for older occupiers and reduce the competition for family homes in the area. Keystone Developments was established to specialise in building homes to suit the specific needs of older people. Retirement schemes like ours are designed with independent living in mind and go on to become communities which help tackle social isolation and loneliness in later life, which in turn relieves the pressure on local NHS services. Homes designed with older people in mind are the foundation for healthy, independent later life and play an important role in ending this crisis for all generations.
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