NZ retirement villages’ dominating business model a global anomaly

NZ retirement villages’ dominating business model a global anomaly
(Image: Getty)
Diana Russell
Te Ara Ahunga Ora Retirement Commission has released its annual research paper, produced by business and economic research company BERL, investigating operating models used by retirement villages internationally. Researchers interviewed key contacts from retirement village organisations in Australia, the UK, the US and Canada. The findings revealed the dominance of the license-to-occupy model in New Zealand is uncommon in the rest of the world.  Also, our insistence on providing no capital gains to outgoing residents is not common pra...

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