New Zealand's private rental sector faces growing demand for accessible housing for elderly tenants.
New Zealand's private rental sector is ill-prepared for the rising number of elderly tenants, as revealed in a study by Te Ara Ahunga Ora Retirement Commission. With the number of over-65s renting predicted to double by 2048, the research indicates that only a small percentage of landlords have made or considered modifications to accommodate older tenants. Property management companies also lack specific policies and procedures to manage tenancies of elderly renters. The growing demand for accessible rental housing necessitates industry recognition of the importance and value of accessibility modifications and greater dialogue on supporting older renters to "age in place."
August 05, 2024
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