More evidence retirees get better financial results by staying in the family home and seeking a home care package than moving into a retirement village unit.
An article at The Weekly Source shows that retirement villages have taken the last 5 years to reach a 22% increase in value whereas the family home has done that in just the last year.
Note - Industry data shows only 37% of new retirement village occupancy contracts offer an incoming resident a share of any increase in the value of the unit.
The full article can be read here - https://www.theweeklysource.com.au/in-five-years-village-home-prices-increased-by-22-vs-22-in-one-year-for-residential-prices-is-this-a-shame-on-village-marketers/
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