Home and housing play a key role in our ability to age well.
We know that access to affordable and good quality housing is a key determinant of our health and wellbeing.
Ageing in place, declining housing affordability, market challenges in consumer driven services in rural/remote areas and increasing costs of healthcare are some of the key Government agendas we have identified. These ageing-related policy imperatives all influence the role of home as we age and will require innovation to create the change needed.
A growing body of evidence indicates that housing, as a whole, is becoming less capable of facilitating the positive outcomes we have previously relied on it to provide. Therefore, we need to re-image how we live to support us all to age well.
Home is an expression
As we age our identities can become homogenised and eroded. Our homes play a critical role in expressing our identity — who we’ve been, who we are and our potential future self; activities critical to finding purpose and meaningful new roles as we age. Without home, our expression is limited and our wellbeing suffers.
Home is an asset
The greatest asset is reliability of tenure (I can wake up here tomorrow, it can adapt to meet my needs, I have control when and where I move, I have a sense of ownership over the space). Yet our systems treat our homes purely as a financial asset.