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Thought Leadership

Recognising the need for change

Phil Bayliss, Head of Later Living at Legal & General Capital:

For many years, the later living sector has seen chronic underinvestment. Our latest report (published in May) identified that there are now 3.1million households, aged 55 and over, looking to downsize now or in the future. Nearly half of these, however, said there were no suitable properties available, further highlighting a staggering under supply of appropriate later living housing. 

Recognising the need for change

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