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

Les Ruddock, Steven Ruddock

Research output: Contribution to journalReview article

1 Citation (Scopus)

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.

LanguageEnglish
Pages85-98
Number of pages14
JournalJournal of Financial Management of Property and Construction
Volume21
Issue number2
DOIs
Publication statusPublished - 1 Aug 2016
Externally publishedYes

Fingerprint

Economics
Demographic change
Stakeholders
Housing market
Design methodology
Preparedness
Politicians

Cite this

@article{a54a7e1be78046d98e07e3cb931d2424,
title = "The financial and economic challenges of housing provision for an ageing society",
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.",
keywords = "Ageing society, Economy, Housing provision, Investment",
author = "Les Ruddock and Steven Ruddock",
year = "2016",
month = "8",
day = "1",
doi = "10.1108/JFMPC-04-2016-0017",
language = "English",
volume = "21",
pages = "85--98",
journal = "Journal of Financial Management of Property and Construction",
issn = "1366-4387",
publisher = "School of the Built Environment, University of Ulster",
number = "2",

}

The financial and economic challenges of housing provision for an ageing society. / Ruddock, Les; Ruddock, Steven.

In: Journal of Financial Management of Property and Construction, Vol. 21, No. 2, 01.08.2016, p. 85-98.

Research output: Contribution to journalReview article

TY - JOUR

T1 - The financial and economic challenges of housing provision for an ageing society

AU - Ruddock, Les

AU - Ruddock, Steven

PY - 2016/8/1

Y1 - 2016/8/1

N2 - 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.

AB - 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.

KW - Ageing society

KW - Economy

KW - Housing provision

KW - Investment

UR - http://www.scopus.com/inward/record.url?scp=84982253656&partnerID=8YFLogxK

U2 - 10.1108/JFMPC-04-2016-0017

DO - 10.1108/JFMPC-04-2016-0017

M3 - Review article

VL - 21

SP - 85

EP - 98

JO - Journal of Financial Management of Property and Construction

T2 - Journal of Financial Management of Property and Construction

JF - Journal of Financial Management of Property and Construction

SN - 1366-4387

IS - 2

ER -