Housing Options for Seniors

Another topic that is important but I have not spent a lot of time on is the issue of housing options for seniors. 

Most seniors live independently but not all own their own homes. Many seniors who live independently may rent. In BC there appear to be not many options for seniors who want to continue to live independently.  This is important because as rents and other costs go up seniors on fixed incomes find it increasingly difficult to rent so they will have a place to stay. The more options that are available may help the pending housing crises for seniors in BC. According to the CHMC, there are the following housing options for seniors in Canada who do not own or want to continue to rent, but some of these are not available in BC and the question is why not? An examination of the options available to seniors in BC may help the government provide policies that encourage the use of some of the options not available currently in BC.

Assisted Living

Assisted Living is a combination of: Housing, Hospitality Services, and Personal Assistance Services. It also offers medication reminders, cash management, nutrition monitoring, and management by ‘non-medical’ professionals. Housing is usually self-contained units typically with full bath, small kitchenette, living room and bedroom

Co-housing

Co-housing involves sharing a home with a friend or family member. In addition to cutting costs, sharing a home can provide mutual benefits like companionship, help with daily tasks and extra support in case of an emergency.

Co-operative Housing (Co-ops)

Co-ops are legal associations that provide housing in return for a share in the maintenance or other tasks. Some co-ops cater specifically to seniors and may be seniors-only buildings.

Life Lease Housing

Religious or charitable organizations often operate this condominium-like option. Residents pay upfront and monthly fees for the right to live in the home for a specific period.

Supportive Housing

Supportive housing refers to independent apartments with access to services like housekeeping, personal support and healthcare available for free or at a reduced cost. Residents usually pay their own rent and any other living expenses.

Retirement Communities

These residences combine independent living with access to support and recreational facilities. They provide a community setting for active seniors.

Retirement Homes

Retirement homes are for-profit businesses that offer a full range of accommodations, services and healthcare support. The costs vary depending on the facilities and the level of service and support offered.

Nursing Homes and Assisted Living Facilities

These are similar to retirement homes but are sometimes operated as not-for-profit residences by the federal government. They also offer a wider range of healthcare and support services for seniors with more demanding care needs.