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Thinking Ahead: The Financial Benefits of Investing in Housing for Older People

Posted: Oct 29, 2020 By: Roslyn Molloy , Rory Mulholland Research area:  Social Housing, Housing For Older People
Thinking Ahead: The Financial Benefits of Investing in Housing for Older People

The report Thinking Ahead: The Financial Benefits of Investing in Supported Housing for Older People was conducted as part of a range of recommended actions under the policy statement ‘Housing Options for Our Ageing Population’, published by the Government in March 2019.

Carried out by The Housing Agency, this research found that, by supporting people to live in homes suited to their needs, an average annual Government saving of €4,650 per person can be made, compared to that individual remaining in their current home or moving into long term residential care.

The figures are based on the provision of Supported Housing for 11,400 people over the next 10 years, a number derived from expected projections in Ireland’s population aged over 80.

The report Thinking Ahead: The Financial Benefits of Investing in Supported Housing for Older People is available here.

Attitudinal Survey of Mature Homeowners

On 29 October 2020 the Minister for State with responsibility for Local Government and Planning, Peter Burke TD, launched both the above report, and the Attitudinal Survey of Mature Homeowners, which was conducted by the Department of Housing, Local Government and Heritage and the Irish Government Economic and Evaluation Service.

You can read the Attitudinal Survey of Mature Homeowners here.