Greedy...add some balance to your comments...your analysis of...

Greedy...add some balance to your comments...your analysis of one contract doesn’t make for ‘balance’.
When you have looked at their three offerings (as of September) and compared them with offerings of LLC,SGP, retire Australia, Ryman...and the multitude of ‘not for profit’ entities you will see they are not draconian. Indeed, some of the religious groups have red hot clauses. The DMF methodology applies to 70% of the retirement village marketplace. Besides, your view might well be at odds with the 70,000+ people (and their financial and legal counsel) who presently reside in such entities.
What is not widely known and acknowledged is that ILU,s are priced at around 2/3rds of the mean value of residences in the local area and were it not for the DMF methodology, many would not be able to afford retirement village style living and enjoy their sunset years. Many use the excess funding to enjoy their final years knowing full well that the developer makes his profit when they depart.
And incidentally ‘depart’ in the very, very great majority of cases means moving on to advanced aged care or shuffling off planet earth.
Aveo have changed their model to accommodate ‘age in place’ by combining ILU’s and SA’s with aged care beds.

Is Aveo guilty of gouging in the past? Probably yes...but to date much has not surfaced in the not for profit arena.
Has Aveo been making super profits in the past? Absolutely not if you compare them to the Kiwi companies of Ryman, Summerset, Metlifecare and Ardvent. But they are improving.
Besides, the AOG contracts of today are vastly improved on yesteryear and sure, itvrequired the Four Corners episode to do this. Poor form AOG and badly handled from a PR perspective.
Finally when you talk loosely about contract clauses to kick residents out, go check any rental or lease contract and you will see similar clauses. The question you should resolve is this: how often have they done this capriciously and greedily?