“Incorporating a continuum of care is vital to our industry".
“Villages will become the new low care”.
“We have an unconscious bias about what people are prepared to pay (for services)”. i.e. They will pay.
“Demand is 4,500 new retirement village units a year when we are producing 2,000”.
(Editor’s note: the sector will build 2,500 units this year but to maintain penetration at 8.9% of All People aged 75+ we need to build 5,500 a year, and growing).
Insightful quotes from Michael Eggington, CEO, Lend Lease Retirement
December 01, 2015
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