Why BERL's analysis of NZ retirement villages’ business model is flawed

Independent research shows retirement village residents' satisfaction levels are upwards of 90%. (Image: Getty)

Fri, 19 Jul 2024

Diana Russell’s claim that New Zealand’s retirement villages' business model is a global anomaly implies that this is a bad thing. If that’s the case, then perhaps our unique no-faults ACC scheme falls into the same category.Business and Economic Research Ltd's (BERL) analysis is flawed in several areas. Possibly, this is because BERL neglected to discuss its brief with NZ’s Retirement Villages Association (RVA), which not only represents over 95% of all retirement village units but has examined village mode...

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