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Economic and financial rationale for age-friendly housing

Economic and financial rationale for age-friendly housing Purposeto indicate the reasons and provide practical suggestions to financial viability of the age-friendly housing as a sustainable constructionDesign/methodology/approachreview of the primary and secondary literary sources, logical approach and comparisons of real estate and socio-economic regional statistics, analysis of case studiesFindingsThe study contains the results from empirical analysis on the topicality of an age-friendly built environment in the scientific literature. Key principles identified for a current early stage of the development of a concept of the age-friendly housing. A research on the current socio-economic aspects to the creation of an age-friendly built environment is made. The practical cases of the age-friendly housing are inspected. Timely developed age-friendly housings may expect growing demands, but thorough calculation on future income is required.Research limitations/implicationsthe research is carried on a scale of two countries - the Kingdom of the Netherlands and the Republic of Latvia. Practical implicationsnew developments in construction of Latvia and the Netherlands, intention to further scientific and practical activities. The research has to identify the socio-economic aspects as well as the impact and importance of those in determining the revenues of age-friendly construction.Originality/valueLatvia is being analysed in comparison with the Netherlands. The authors challenged to find opportunities to both countries from the economic viability’s point of view for the age-friendly housing developments. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Management of Property and Construction Emerald Publishing

Economic and financial rationale for age-friendly housing

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References (33)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1366-4387
DOI
10.1108/JFMPC-05-2015-0015
Publisher site
See Article on Publisher Site

Abstract

Purposeto indicate the reasons and provide practical suggestions to financial viability of the age-friendly housing as a sustainable constructionDesign/methodology/approachreview of the primary and secondary literary sources, logical approach and comparisons of real estate and socio-economic regional statistics, analysis of case studiesFindingsThe study contains the results from empirical analysis on the topicality of an age-friendly built environment in the scientific literature. Key principles identified for a current early stage of the development of a concept of the age-friendly housing. A research on the current socio-economic aspects to the creation of an age-friendly built environment is made. The practical cases of the age-friendly housing are inspected. Timely developed age-friendly housings may expect growing demands, but thorough calculation on future income is required.Research limitations/implicationsthe research is carried on a scale of two countries - the Kingdom of the Netherlands and the Republic of Latvia. Practical implicationsnew developments in construction of Latvia and the Netherlands, intention to further scientific and practical activities. The research has to identify the socio-economic aspects as well as the impact and importance of those in determining the revenues of age-friendly construction.Originality/valueLatvia is being analysed in comparison with the Netherlands. The authors challenged to find opportunities to both countries from the economic viability’s point of view for the age-friendly housing developments.

Journal

Journal of Financial Management of Property and Construction – Emerald Publishing

Published: Aug 1, 2016

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