Impacts of senior citizens’ lifestyle on their choices of elderly housing

Abstract

This study examines how the lifestyle of senior citizens affects their choices of retirement communities. A survey was conducted among 256 potential customers of elderly housing, targeting citizens over 45 years old who were residents of Seoul, the capital city of Korea, at the time of the survey. Findings reveal that most respondents preferred a location based in proximity to Seoul, convenience to the suburbs, a pleasant surrounding environment, and physical equipment and facilities. Medical services and community services were also found to have an impact on preference for residency. Canonical correlation analysis between the factors of elderly lifestyle and selection attribute factors of senior housing facilities demonstrates various significant relationships with implications for developers.

Understanding consumption within a care home: an interpretation of George's experiences of life and death

“…In conclusion, although this research paper is exploratory in nature, it raises some interesting thoughts relating to living arrangements (Gibler et al, 1997(Gibler et al, , 1998Kim et al, 2003) and especially the provision of care services (Moschis et al, 1996;Mathur and Moschis, 1999;Moschis et al, 2003) that are targeted towards such elderly consumers as George within a care home like Cedar View. For instance, should George, be viewed as a relatively inactive consumer who finds it difficult to create meaningful everyday lived experiences?…”

“…With studies of living arrangements in old age in mind, the notion can be forwarded wherein a small amount of scholarly insight is directed into the related archives of marketing and consumer research in the form of elderly consumers' attitudes relating to the decision to move into retirement housing (Gibler et al, 1997(Gibler et al, , 1998, and the impact of senior citizens' lifestyle on the choices of elderly housing (Kim et al, 2003). However, whilst issues surrounding the lived experiences of elderly consumers in care homes are debated within social gerontology and anthropology (see, for example, Wilson, 1991;Means and Smith, 1994;Wilson, 1997;Oldman and Quilgars, 1999;Andrews and Phillips, 2000;Marcoux, 2001) no such studies currently exist within the realms of marketing or interpretive consumer research.…”

Aging, Living Arrangements, and Housing in China

“…Housing for the aging has received much attention in Western welfare states (Kwon 1999;Kim et al 2003). As an "economic state" in the zigzag of a politicization and de-politicization process (Chen 2004), China has not had much chance to focus on this important aspect of social welfare until it started reform in the 1980s.…”

“…Consequently, older people's expectations and the practice of co-residency have declined significantly (Izuhara 2000). Older people in Korea also preferred separate senior housing units or developments, semi-assisted living homes, and multi-generational group homes, in that order (Kim et al 2003).…”

Megatrend Alter

“…Heute jedoch repräsentieren die Senioren einen großen, weitgehend unerschlossenen Markt von sowohl finanziell unabhängigen als auch konsumwilligen Individuen [4,51,58,59,68]. Wissenschaftliche Untersuchungen zeigen, dass die heutigen Senioren häufig über ein überdurchschnitt-lich hohes Einkommen verfügen, ein recht hohes Bildungsniveau haben und sich nicht nur in Zeitungen und Zeitschriften, sondern auch regelmäßig im Internet informieren und dort auch einkaufen [65]. Andere Studien zeigen, dass der Markt der 55-bis 65-Jäh-rigen über zweimal soviel Ersparnisse verfügt wie der Markt der 25-bis 44-Jährigen, verstärktes Interesses an Finanzinvestitionen hat, doppelt so hohe Ausgaben für Konsumgüter tätigt, hauptsäch-lich neue und luxuriöse Autos kauft, mehr Geld für Literatur ausgibt, häufiger reist und qualitativ höherwertige Produkte nachfragt [2,87,117].…”