Demand for residential preference of senior housing for the Elderly after Retirement in Taiwan – A Case Study of civil servants and teachers

T.Y. Chao*Department of Urban Planning, National Cheng-Kung University, Assistant Professor

Y.Y. Yang**Department of Urban Planning, National Cheng-Kung University, Master Student

• Family structure’s change in Taiwan • Current issues

Population Ageing and Low Birth

• The course of senior housing policy and the investment profile of private senior housing

• Promoting Private Participation In Senior Citizens’ Housing • The recent policy direction• Current issues

The senior housing in Taiwan

• Factors influence of choosing senior housing for the elderly• Analysis Results

Research Methods

Conclusion

Population Ageing Since 1993, elderly population has rapidly increased in Taiwan. By 2017, Taiwan will officially

become the “aged society”.

The estimated period required for Taiwan's society to transform from an aged into an aging one will be about 24 years, which is the same period as Japan. Taiwan will be one of the fastest aging societies in the world.

Early development of the country

Medium-term development of the country

Late development of the country

France SwedenUK Germa

ny

Italy US Japan Taiwan

Reach this population of older people

7% 1864 1887 1930 1930 1930 1942 1970 1993

14% 1979 1972 1976 1972 1989 2013 1994 2017

Annual required

115 85 46 42 59 71 24 24

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Three-generation family Nuclear family

Family structure’s change in Taiwan

urbanization

academic degree

double salary household

Social movement

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Various living choices caused the “agent style general house” to become the major development pattern for elderly residential communities in the future.

The Government built Nursing homes with private investment increased incentives for private participation and became a force in promoting economic development.

However, the caseload was only 27, the caseload rate was only 29.6%, and the success rate was 0% . There was only one contract in three years after the promotion but it failed finally.

The pilot stopped in January 2008.

The senior housing marketing didn’t flourish as the Taiwan Institute had estimated it would.

Promoting Private Participation In Senior Citizens’ Housing (BOT)

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2009 willing unwilling No answer / Refused

total 33.83 54.00 12.16

age55~59years 37.18 52.29 10.53

60~64 years 28.02 56.98 14.99

Urbanization

district 38.44 49.00 12.56

city 33.93 53.54 12.53

town 31.74 56.98 11.28

township 27.97 60.44 11.60

Education

Illiterate 21.78 62.57 15.65

Self-study, private school or primary school 23.16 63.50 13.34

Junior 28.93 55.32 15.75

High School 40.79 49.18 10.03

College 41.67 47.40 10.94

University and above 42.35 46.68 10.97

People aged 55 to 64 (baby boomers) have higher acceptance of living in elderly care institutions, elderly apartments, senior housing or nursing home than other age cohorts when they can take care of themselves in the future life.

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demand and supply

senior housin

g

silver generati

on

Current issues There has not been a definite program and support in the residential policies for

senior citizens with private enterprise investment .

The loss of large private enterprises willing to enter senior housing market is due to their uncertainty in how to proceed.

The demand and supply condition of the market shows strongly imbalanced.

It is a must that we evaluate and consider deliberately if the opening a market of senior housing in the future is a goal.

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Research Methods

The residents tends to have higher levels of education and more financial resources.

A sample of people aged over 50 who have a high level of educational attainment and live in urban areas.

Chi-square tests and cross analysis will then be used to analyze the data collected via the questionnaire.

Offer some valuable recommendations for future development projects.

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Factors  influencing the choice of a  senior  housingVariables name The measuredPersonal factors

Population Gender, age, and educational level.Retirement Career, the ideal retirement living patternIntergenerational relationship

The concepts of filial piety, intergenerational conflict, and independence.

Residence ownership Willingness to change the place of residence.Family relationships Marital relationship, the number of children,

current living status, place of residence.The motives of consumer behavior

Internal demand for services (health conditions, safety concerns, maintenance of social interaction and the dignity of independent living).External demand for services (geographic location, environment, medical and health care, life services, leisure facilities).

Residence ownership Willingness to change the place of residence.Factors which influence decision- making

Type of management Hotel-style management,  medical-style management, continuing care, leisure, health- oriented management, multi- merge type management.

Schedule of development

Baby boomers and the traditional generation.

location  Urban, suburban, and rural .Services Hardware,  service life,  dignity, self-actualization and,

economic independenceProperty  relations Pay, prices, economic capacity

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ResultsPersonal factors

• Independent lifestyle & Interact with people of different ages• Little information about senior housing• Own residential property rights

Factors which influence decision- making• Maintenance of their physical and mental health.• Multi-functional housing facilities, which combine medical care and social

education.• Hardware equipment, medical and health care equipment, life services,

health care and a decent environment with good "service quality".• Landscape environment and food service• Suburban area with of leisure and health facilities.• The type of suburban residential of leisure and health.

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Conclusion

Marketing & transmission

Information platform for senior housing

Multiple payment types

A fair and equitable co-operation mechanism, financial institutions and senior housing industry

Hardware and software services of practice active aging and compression of morbidity

Active social participation of diversified

Diverse facilities combined with health care technology and healing landscape

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Thank you for your attention