For an idea of what the retirement living sector in the UK could look like in 10 years' time, it is worth studying the market in Australia and the US, There, the number of elderly people living in some form of retirement housing is much higher than it is here, In the housing-with-care segment of the market, otherwise known as assisted living, the penetration rate in the UK among over-65s is just 0.7%, whereas in the US and Australia, it is over 5%, according toJLL.
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