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Planning for the Future The Housing Future

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Pensions & Care

Pensions & Care

CARE HOMES AND PENSION FUNDS


Care and nursing homes could come under the community land trust plan. This would mean we would not make money from the property but from the product. New homes need to be built with elderly people in mind. We are told that we need care in the community or to stay in our homes as long as possible. What we need are large houses with rooms for older, retired parents to be looked after.


This means a design where one can be separate but under one roof. The same houses would be good for young people, friends and nannies. This would also create an opportunity to take in lodgers to help one’s income, as well as provide accommodation for those single people who often live alone not by choice. 

This would release more houses for families and those single people would have the advantage of lower overhead expenses. The problem with this is that developers make these homes for millionaires. They could be for people with average or below-average income under this scheme.


All new developments should include a portion of care/nursing homes, where paid couples could be on site full-time to care for these people. Isolation is a big issue, which in turn causes further illness. Young people coming out of care need supported accommodation.

A NEW SYSTEM IS NEEDED


With a new system for housing with the mortgage paid, people could invest in a family care fund, which could not be used until one’s 60th birthday. This fund could be free of inheritance tax if passed on to another family care fund. Some care homes should incorporate accommodation for a couple whereby if one of them needs care, often the other person lives at home. We should be able to accommodate both within a complex. In some cases, a residential home could be sold and the capital could be used to purchase care accommodation.


Facilities for pets should be incorporated into some care homes. Open space and gardens could be included in new developments, which would be a therapeutic benefit for fitter people and help grow food for the group. Adequate rural care homes should be addressed.

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