is it crisis or opportunity...., page-41

“After agreeing on a price with an aged care home, new residents will have 28 days after moving in to decide whether to make accommodation payments via a Daily Accommodation Payment (DAP), a Refundable Accommodation Deposit (RAD) or a combination of both.”



But what fraction of retirement assets of FKP are aged care units ?

My take is most FKPs retirement assets are more a gated community type housing for retired people or as they call it independenty live units (ILU's)

The aged care units will be where assistance is provided for daily chores and the retired person is one step away from the crematorium, so relatively high turn over-churn

I doubt if more than 15% of all retirement assets would fit that category so any change in govt reguations is not going to have a major impact-just my thoughts and would like to be proven wrong.