1,720,983 research outputs found
Social and physical environments in senior communities: The Finnish experience
Purpose – The purpose of this paper is to discuss residents’ views of social and physical\ud
environments in a co-housing and in a senior housing setting in Finland. Also, the study aims to point\ud
out important connections between well-being and built environment.\ud
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Design/methodology/approach – The data include interviews and survey responses gathered in\ud
the cases. The results and analysis are presented at different case study levels, with the discussion and\ud
conclusions following this.\ud
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Findings – The findings show that the physical environment and common areas have an important\ud
role to activate residents. When well-designed common areas exist, a higher level of engagement can\ud
be achieved by getting residents involved in the planning and running of activities.\ud
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Research limitations/implications – This paper discusses residents’ experiences in two Finnish\ud
housing settings and it focuses on the housing market in Finland.\ud
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Practical implications – The findings encourage investors and housing operators to design and\ud
invest common areas which could activate residents and create social contacts. Also, investors have to\ud
pay attention to the way these developments are managed.\ud
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Originality/value – This study is the first to investigate the Finnish co-housing setting and compare\ud
social and physical environments in a co-housing and a senior house
Middle-aged and elderly Finnish households considering moving, their preferences, and potential downsizing amidst changing life course and housing careers
We examine the moving and housing preferences of middle-aged and older in Finland, a country where population composition and movement through the life course are changing. A logistic regression reveals that middle-aged, moderate income residents, renters, those who have lived in their houses only a short time, and residents who are generally dissatisfied are most likely to consider moving. Downsizing appeals to residents with lower incomes who live alone, and who have been in their current houses longer. All potential movers agree on the importance of transportation access and a neighborhood grocery store; however, those preferring to downsize are also interested in house and neighborhood design as well as services that will allow aging in place. Income limitations may create affordability problems for some potential movers
Awareness and attitudes toward age-restricted communities in Finland
The average population age has been increasing for decades. In the U.S., the history of retirement communities in some states is relatively long, reaching back to the 1920s. In Finland, with one of the fastest-growing elderly population and highest total dependency ratios, seniors housing is a relatively new market within the residential housing business. Some studies have reported that only a small percentage of seniors are willing to move into age-restricted communities in Finland. This study analyzes awareness and attitudes of Finnish people toward age-restricted housing for seniors and toward seniors living in these communities. The results show that the majority of Finns were undecided if “senior houses” were the same as assisted living facilities. The respondents associated age-restricted communities with institutional\ud
housing for lonely elderly people with illnesses. The results of this study will help investors and developers understand how potential customers see age-restricted\ud
housing for seniors. Also, managers of senior houses can use the results for clarifying the idea of senior houses
Pull factors attracting residents to Finnish\ud senior houses
Most elderly Finnish residents prefer to age in place, but some relocate because of push factors that create stress in their current homes and pull factors that attract them to a new dwelling. This survey examines the important pull factors that attract seniors to senior houses. Grocery nearby is the strongest pull factor followed by hospital or medical center and public transportation. A factor analysis reveals that attributes can be grouped into three factors: onsite services that allow the residents to maintain an active lifestyle with some luxury, everyday services and facilities that would enable aging in place, and physical activity facilities. Residents have chosen the type of senior housing that supports their lifestyle. Meanwhile, socioeconomic characteristics do not explain the differences in the types of features that attract residents
The impact of senior house developments on surrounding residential property values
<b>Purpose</b>\ud
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- Even as many countries are facing changes in demographic profile and new types of senior housing developments are becoming more important, there is limited evidence for the development impact of a senior house on surrounding residential property values. The purpose of this paper is to address the void in knowledge, investigating the impact of senior house developments on apartment values in Tampere, Finland.\ud
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<b>Design/methodology/approach</b>\ud
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- To specify valuation effects of proximate senior house development projects, advanced research design combining propensity score matching procedure and hedonic pricing models is used.\ud
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<b>Findings</b>\ud
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- The results show that a senior house development has a significant positive impact on proximate residential property values within a 500 metre radius. The impact is found to be the highest in underdeveloped neighbourhoods. Nevertheless, in neighbourhoods where property values and demand for housing units are higher and senior house developments fall into the criteria of infill development, a premium is lower, but still statistically significant and notable in magnitude.\ud
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<b>Research limitations/implications</b>\ud
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- This paper studies apartment values only in Tampere, Finland, and it is important to notice that local regulations and market conditions may have a notable impact on the outcomes from senior house developments.\ud
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<b>Originality/value</b>\ud
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- This study is the first of its kind to address a number of empirical issues and provide with statistically significant evidence for positive impacts from senior house developments – encouraging investors and developers to build senior houses
Senior House Operations in Finland
This article analyzes the operations of a sample of rental independent living senior apartments in Tampere, Finland. We compare 10 properties containing 421 units owned by one nonprofit and two for-profit housing providers. We examine costs and revenues across properties using data collected through interviews and a survey of company representatives and property managers. The results indicate that until the recent economic downturn, these senior houses generally experienced fast initial lease-up and low turnover but relatively long vacancies for some units when re-leasing. Performance varies among properties
The relationship between the determinants of rental housing\ud satisfaction and considering moving in Finland
Purpose\ud
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The purpose of this paper is to discuss the relation between dissatisfaction with\ud
housing conditions and considering moving among residents of Finnish rental multifamily buildings.\ud
The paper examines physical attributes, socioeconomic factors, and subjective opinions related to\ud
housing conditions and satisfaction with housing.\ud
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Design/methodology/approach \ud
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Logistic regression analysis is used to examine survey data to analyse which factors contribute to dissatisfaction with the housing unit and the apartment building and whether dissatisfaction is related to consideration of moving.\ud
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Findings\ud
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The findings indicate that dissatisfaction with the building and individual housing unit are associated with greater probability of considering moving. Satisfaction with kitchen, living room, storage, and building age are the most important indicators of satisfaction with the housing unit, and satisfaction with living room, bathroom, storage, and building age are associated with satisfaction\ud
with the apartment building. These are the areas in which landlords could invest in renovations to increase satisfaction in an attempt to reduce turnover.\ud
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Research limitations/implications\ud
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The study is conducted with Finnish data only. The sample\ud
is not a representative sample of the Finnish population. A longitudinal study would be needed to determine whether dissatisfied residents indending to move actually change residence.\ud
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Originality/value\ud
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This study is the first of its kind in the Finnish housing market. It tests a general model that has been suggested to be customized to local conditions. In addition, much of the research on this topic is more than 20 years old. Examination of the model under current housing and\ud
socioeconomic conditions is necessary to determine if relationships have changed over time
Finnish seniors’ move to a senior house: Examining the push and pull factors
The purpose of this article is to explore the factors influencing residential decisions of Finnish seniors. Analysis draws on qualitative data gathered from in-depth interviews and open-ended survey questions completed by 37 seniors living in three independent living facilities in Finland. Content analysis was used to identify key factors pushing residents out of their former living situations and pulling them into their respective independent living facility. Analysis indicates that different senior houses attract different types of residents. Nevertheless, as a group, they reported similar motivational factors relating to community, physical, and social environments and to their personal circumstances
The potential for consumer segmentation in the Finnish housing market
This article examines whether cluster analysis can be used to identify groups of Finnish residents with similar housing preferences. Because homebuilders in Finland have been providing relatively homogeneous products to an increasingly diverse population, current housing may not represent the occupiers' preferences so a segmentation approach relying on socioeconomic characteristics and expressed preferences may not be sufficient. We use data collected via questionnaire in a principal component analysis followed by a hierarchical cluster analysis to determine whether different combinations of housing attributes are important to groups of residents. We can identify four clusters of housing residents based on important characteristics when looking for a house. The clusters describe Finnish people in different phases of the life cycle and with different preferences based on their recreational activities and financial expenditures. Mass customization of housing could be used to better appeal to these different clusters of consumers who share similar preferences, increasing consumer satisfaction and improving profitability
Motivations for green building development in Vietnam
The Vietnamese construction market has witnessed slow green building development to date. The motivations for enhancing green building practices that lead to increased green building development (IND1-IND9) are generic and not yet verified in the Vietnamese context. Therefore, it is currently unknown how the extent to which these motivations apply to the Vietnamese construction industry. This study fills this gap by surveying the opinions of 166 construction professionals covering the education, public and industry sectors in Vietnam. The findings reveal that all IND1-IND9 are very influential, with mean scores >3.77 out of a maximum possible 5.00. Of these, monetary benefits are the most influential, followed by societal gratification and improved human well-being, while the least influential is government regulation. Furthermore, financial incentives and economic benefits are the most influential motivators of construction professionals in each of the education, public and industry sectors. It is concluded that motivation is very important for encouraging green building development among construction professionals in Vietnam and that the government needs to focus more on providing financial and/or economic incentives to as a means of increasing green building development in the country
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