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

Ruddock, L; Ruddock, S

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.

Citation

Ruddock, L., & 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), 85-98. https://doi.org/10.1108/JFMPC-04-2016-0017

• Journal Article Type: Article
• Acceptance Date: May 10, 2016
• Online Publication Date: Aug 15, 2016
• Publication Date: Aug 1, 2016
• Deposit Date: May 18, 2016
• Publicly Available Date: Aug 15, 2017
• Journal: Journal of Financial Management of Property and Construction
• Print ISSN: 1366-4387
• Publisher: Emerald
• Volume: 21
• Issue: 2
• Pages: 85-98
• DOI: https://doi.org/10.1108/JFMPC-04-2016-0017
• Publisher URL: http://dx.doi.org/10.1108/JFMPC-04-2016-0017
• Related Public URLs: http://www.emeraldinsight.com/loi/jfmpc
• Additional Information: Projects : None