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The sector needs to fundamentally rethink age, argues Julia Ashley
I was concerned but not too surprised to have read Knight Frank’s recent report on retirement housing highlighting the “chronic undersupply” of age-appropriate homes in the UK.
As a sector we are guilty of looking toward the government and policymakers for guidance or solutions.
We are also all too quick to blame planning policy, a shortage of land or funding, a falling market, viability… the list goes on.
While all of these points are a clear reality, they are all too often used as ways to put up barriers to us addressing the housing needs of our over-55s.
My thoughts on this? We need to stop looking to others to solve our problems and look at what we can do right now.
As an industry let’s just get on with it and pave the way.
“We need to stop looking to others to solve our problems and look at what we can do right now.”
We know from decades of research that there is more demand for age-appropriate homes than supply.
This market holds significant equity and wealth but as yet does not have a desirable product to buy.
Isn’t that a great opportunity for both social and commercial entrepreneurs?
Regardless of age or wealth, as human beings we need to feel warm and safe.
We need social contact with others and to have meaning and purpose in our lives.
These core human principles define our choices in home and lifestyle and are something every housing provider needs to consider.
No matter what sector of housing you operate, these drivers to happiness (and purchase) are always the same, just applied differently.
“We need to change our mindset and start a revolutionary conversation about the ‘benefits’ of ageing.”
We know that there are large numbers of people aged over 55 that would like to move to something that suits their lifestyle.
The homes on the market currently are often mismatched to the aspirations of this generation and not seen as a solution by our willing and able buyers.
So how do we rethink our product for this market? First we need to change our mindset and start a revolutionary conversation about the ‘benefits’ of ageing.
Imagine if we all took it upon ourselves to talk with our generation of age, seeking out their life stories, learning from years of life experience and finding out what they really want from life. To design suitable homes, we need to find out what makes this precious generation tick.
In society and the public eye, growing with age is associated with the usual negativity: poor health, loneliness and being too wealthy (as a result of pensions and housing equity) are the first to be mentioned.
“At no age do we suddenly revert from wanting fun in our lives.”
This is shortly followed by the pressures on the NHS, lack of state funding and care availability as concerns and associations with ageing.
Let’s get real: if we are the lucky ones, we will age too.
At no age do we suddenly revert from wanting fun in our lives; to travel, go out with mates, keep fit, read, sing, learn, walk, engage with nature, and so on.
Nor do we suddenly want to sit alone in a flat on the edge of town that is too small, or be grateful for someone to prepare a meal that we have had to choose the day before and look forward to our weekly outing to the bingo.
The biggest and most needed revolution in this sector is to rethink ‘age’.
It’s only at that point that we will start to design and build aspirational homes for this most wonderful age of life.
The age where we have time to follow our pursuits, help others (there is a massive population of willing volunteers with time on their hands) and appreciate all that we have learned and all that we still have to learn in the future.
And with that most crucial mindset in place, what can we, as house builders and housing associations, do?
With these innovations we can start to build the homes that we ourselves one day will be the target audience for.
You will notice that I have not referred to ‘older people’ in this article – this is deliberate.
Help me to ban these words that portray so much stigma and loss.
Together let us create a new vision for our ‘GAP years’: Generation Achievement and Purpose.
Julia Ashley, chief executive, Central & Cecil Housing Trust