Blog: The Brain Dialogues, filtered by tag: Ageing population

25 Sep 2017

OPINION by Peter Chittenden, Managing Director Colliers International - Residential

Opinion by Peter Chittenden, Managing Director Colliers International - Residential
Peter Chittenden, Managing Director Colliers International - Residential
Published in the Australian Financial Review on 21 September 2017 (World Alzheimer’s Day) It is no secret that Australia has a rapidly ageing population, with those aged above 65 set to make up over 20% of the population within 10 years’ time1. While this is good news for the property industry as development in the aged care and retirement living space is critical, a crucial factor that requires direct consideration across the industry is that currently around 52% of all permanent residents in care have a diagnosis of dementia2. Dementia is now the second leading cause of death in Australia… Read More