“It’s a Great Idea for Other People”: Cohousing as a Housing Option for Older Australians

Social sustainability and supportive living: exploring motivations of British cohousing groups

“…However, potential drawbacks and knowledge barriers remain. Some researchers have identified the limitations of cohousing in the categories described below (Chiodell & Baglione, 2014;Riedy et al, 2018).…”

“…Finance is a key barrier for cohousing members because of the high costs of land in the UK (Brenton, 2013;Riedy et al, 2018). Although cohousing is competitive in pricing with ordinary market-rate housing, some communities are still unaffordable for potential buyers depending on their size and location, group members' income level, and degree of customization.…”

“…Recently, there has been a housing debate has emerged highlighting cohousing, a communal living arrangement with both individual family and shared living spaces (Hopwood & Mann, 2018;Livingston, n.d.;UK Cohousing Network, n.d.), and its collaborative living style. Scholars have identified several cohousing benefits, particularly for people older than 65 years (Brenton, 2013;Durrett, 2009;Glass, 2009;Williams, 2005), and challenges such as urban planning restrictions and financial difficulties (Chiodelli & Baglione, 2014;Riedy et al, 2018). Therefore, it is necessary to investigate a cohouser's motivation for creating or entering cohousing communities in the UK to evaluate and improve the cohousing community living for the future.…”

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“…Strategies and solutions for the phenomena associated with the aging of the population like universal basic income, trainings of financial literacy, improving environmental performance will have to take into account not only the development of employment of older people, but also the risk of declining well-being of them so as not to fall to lower quality of life caused by e.g. lack of quality food (Radermacher, et al, 2010;Knight, et al, 2020;Gajda & Jezewska-Zychowicz, 2021), inaccessibility of housing (Costa-Font 2013;Riedy, et al 2019;Alidoust & Khalaj 2021) or a higher degree of anxiety due to financial uncertainty (Kadoya, et al 2018). On the other hand, according to predictions, it is the aging and declining population in the V4 that can be a source of stabilizing the economic growth of the countries (Bendarzsevszkij, 2021) and solving many burning questions about the problems associated with aging and well-being today.…”

“…The dimension of quality of life is the subject of research on active aging, where one of the factors is the well-being of older people, which is threatened by decline and poverty in retirement age (Fonseca, et al 2014;Swain, et al 2020;Lu, et al 2021), lack of quality food (Gajda & Jezewska-Zychowicz 2021;Radermacher, et al 2010;Knight, et al 2020), worsened housing affordability (Riedy, et al 2019;Alidoust & Khalaj 2021;Costa-Font 2013), lower savings on old age (Pienkowska-Kamieniecka 2018). Financial security is the second most important after health (Hackert, et al 2019), anxiety and insecurity about financial security has been expressed by older people with medium economic resources (Mansvelt, et al 2014), while financial literacy reduces financial security uncertainty (Kadoya, et al 2018).…”