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The Covid-19 pandemic has triggered abrupt and enduring changes in almost every aspects of our life, society and economy. Although the real estate sector is generally slow to adjust and evolve, this pandemic is causing swift, far-reaching consequences for the sector. Changes are likely to be widespread, encompassing all sub-sectors of the industry. While the situation is still fluid and full spectrum of the impact of it is yet to unfold, we put forward some thoughts about those changes and speculate on the trends that may shape how the sector would look like in the post-Covid-19 world.

The world’s population is getting older these days. Frailty, a gerontologic health condition associated with ageing, has serious consequences. One crucial remedy for the elderly population is the development of ageing-in-place infrastructures. To better understand the market requirements for ageing housing units, the causes of downsizing and the governmental measures to ameliorate the situation, face-to-face in-depth individual and focus group interviews were conducted in this study. Elderly residents of two significant ageing-in-place institutions in Hong Kong, along with their caregivers, were interviewed. The method of methodological triangulation was used to combine interviews, records, and communication tools to increase the reliability and trustworthiness of the findings. The provision of facilities for the elderly has successfully established a pathway for creating and making housing spaces available to families who need larger homes, while the elderly typically downsize from larger homes and relieve their financial needs. It is also found that a digital divide exists; some respondents suggested that they do not know about computers and do not use smart facilities in their homes.

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