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Strategic Housing Market Assessment - North Devon District Council

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SHMA: Torridge and <strong>North</strong> <strong>Devon</strong> Update<br />

Bideford and <strong>North</strong>am. Although based on the 2005 House Condition Survey<br />

and 2001 Census there were many small areas with high levels of deprivation<br />

in relation to quality of housing.<br />

2.61 The implications of these patterns of low incomes in a high value housing<br />

market are clear, market housing will be unaffordable without support and<br />

there will be higher levels of need for affordable housing.<br />

Population and household change<br />

2.62 The principal drivers at work across the area are a very large increase in the<br />

oldest populations and a large projected growth in the number of households.<br />

2.63 Those aged 65+ are projected to increase by almost 55% increase between<br />

2001 and 2031, which represents almost 20,000 older people. The increases<br />

are much greater for older age groups including 114% growth in those aged<br />

85+ (from 5,000-10,700) when the need for housing with care is the greatest.<br />

The same pattern is being experienced throughout the country as ‘baby<br />

boomers’ born immediately after the Second World War reach retirement age<br />

and older. The scale of the projected growth in the older population is<br />

dramatic, and coincides with improvements in health and well being which<br />

extend life expectancy.<br />

2.64 There are three main implications for housing systems of this growth in the<br />

older population:<br />

1. older people are increasingly likely to be home owners, to own their home<br />

outright and to occupy family housing. The growth in the older population<br />

is associated with a growth in owner occupation amongst the retirement<br />

population. Such home owners have the potential either to release equity<br />

or to move to a smaller dwelling as appropriate.<br />

2. older people are least likely to move home. The 2009-10 Survey of English<br />

<strong>Housing</strong> recorded that only 1.7% of people aged 65+ moved home. Most<br />

older people continue to live in family housing and one of the central<br />

principles of social care is to support older people to live in their existing<br />

homes. The effect of low moving rates combined with support to live in<br />

existing homes is that many older people will be under-occupying homes<br />

which are too large to meet their requirements, and which may be difficult<br />

to manage. The end result will be a ‘log jam’ in the supply of family<br />

housing and a dramatic increase in the need for home-based care.<br />

3. alternatives to conventional housing will be both desirable and necessary<br />

and the supply of designated, sheltered and extra-care housing will need<br />

to increase. There is no benchmark for the proportion of older people<br />

willing and able to ‘downsize’ though work undertaken by <strong>Housing</strong> Vision<br />

identifies a minimum of 10% are willing to downsize, a figure which may<br />

well increase as the choice of aspirational options improves. However, the<br />

91

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