The financial and economic challenges of housing provision for an ageing society

Ruddock, L and Ruddock, S (2016) The financial and economic challenges of housing provision for an ageing society. Journal of Financial Management of Property and Construction, 21(2), pp. 85-98. ISSN 1366-4387

Abstract

Purpose The purpose of the paper is to assess the critical financial and economic issues associated with the provision of adequate housing in the UK in the face of current and future demographic change. Design/methodology/approach The review is based on an investigation of the current state of preparedness of the housing market and its various stakeholders based on recent reports and secondary statistical evidence. Findings The findings emphasise the need for a multi-faceted approach to tackle the challenges that need to be addressed. Unless measures are initiated to influence the market, the requisite increase in the stock of appropriate housing in the face of rapid demographic change will not occur. Originality/value The value of the study is that it identifies the issues based on the current state of provision and makes recommendations for meeting the challenges arising from these issues. These recommendations have strong implications for policymakers and other stakeholders.

Item Type: Article
Uncontrolled Keywords: economy; investment; ageing society; housing provision
Index terms: face, methodology, ageing society, evidence, housing provision, housing, investigation
Subjects: psychology, evaluation and assessment methods, data collection methods, construction type, demography, housing and residential development, research methods
Topics: Research Practice, Construction Technology, Urban Studies, Organizational Design
Descriptive scope: 4 PCTA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here