The Canadian Senior Housing Market

Assisted living is a fairly new and unique part of the long term care continuum of services. The goal of assisted living is to maximize the independence of older adults while living in a homelike environment. This paper will provide an overview of assisted living facilities including the number of facilities and residents, costs, services, and growth expectations. Challenges with oversight and regulations will be discussed as well as solutions to the problem. Challenges and solutions for staffing and training issues will also be discussed. The paper will also highlight “In Loving Hands Assisted Living” which is a local assisted living facility that I called and visited to aid in my research. I will give an overview of the

The alternative in providing care for a dependent family member is keeping them in their own home, or the home of a family member. In recent years there has been a move in market place to an idea that is much more cost effective to provide most of the same services that traditionally found in a long-term care facility in the home. It is estimated that providing these services in the home are approximately $21,800.00 a year. It is also important that these figures only cover the cost of providing skilled health care. These figures do not cover additional expenses occurred in the home such as the cost of room and board. In many instances, the idea of keeping family members in the home where their care, may be more closely supervised is becoming increasingly appealing. Many health care providers are recognizing this and providing more and more services available in the home. In today’s market place anyone can find nursing, physical therapy, occupational therapy, and respiratory therapy companies

Mr. Henry and his wife need medical care coordinated throughout the health care system to receive proper treatment and prevent health complications, encouraging their independence by remaining in the same setting. Marek and Rantz highlight that by providing care coordination and health care services for older adults residing in specially designed senior apartments, older adults will not have to move from one level of care delivery to another as their health care needs increase; and they will have the opportunity to “age in place” (Marek & Rantz, 2000). Care coordination starts with a comprehensive assessment of each of Henry and Ertha individual needs for health and social support, and by developing an individualized plan of care for each of them. “Patients should be evaluated, and care plans should be designed and implemented according to the individual needs of each patient (American Geriatrics Society, 2012, p. 1966). As Mr. Henry and his wife health care needs increase, they can receive periodical physical examinations to monitor their underlying health problems, and for early detection of complications remaining in their apartment. This will prevent negative outcomes associated with relocation, and medications and treatment noncompliance.

Canada 's housing market is at an all-time high, they are known in Vancouver for having the most expensive housing market. This expensive market is not just a Vancouver problem, it is an issue growing throughout the nation and is depriving the average citizen to be able to purchase a house in their lifetime. There is a major issue with the state of the market and how it affects the current citizens. Issues have been rising where the average wage in Vancouver is estimated at seventy-one thousand per family household, according to the Vancouver Sun (2014), yet the average costing home as reached between five hundred thousand in the municipality to over one million within Vancouver, according to articles by Beth Lindsay (2015) of the Vancouver Sun, and Troy Landereville (2015) of The Maple Ridge Times.

A senior housing facility might be the last home for many of its residents. Recognizing this, make sure you don't settle for anything less than the place where you will start on your retirement journey and know the fact that it's still a home that you can be sure that returning to it will bring comfort and where you'll be happiest to

Within the past decade, Canada - specifically ontario, has seen and experienced a rapid increase in its housing market. Although some speculate a crash nearing, its strong growth in Ontario has become one of this decade’s largest issues. During the year of 2016 the average price of a home in the metropolitan area was $688,011, however, prices have increased by 33% in 2017 making the average home worth $916,000 dollars. This issue presents many difficulties as it affects Canada’s economy, it’s residents, immigrants, and more. Although some have tried to pass bills in order to reverse the increase, the presented plans are much worse. Take for example, Kathleen Wynne's proposed “foreign buyers tax”. With a plan as such being passed, all of

Nursing home facility is for patients who need extended care because they are very sick or unable to function without continued nursing and supportive services in a formal health care facility. These patients are sick and/or are in need of assistance but they are not ill enough that they require the intense treatment and care offered at a hospital. About forty-seven percent of all nursing home facility care is paid for by Medicaid and residents and their families pay approximately one-third of the cost for the facility services. In recent years the length of time one stays at a nursing home has greatly decreased. Even with the decrease in stay there is still a fifty percent chance of an individual in his/her lifetime having to spend some time in a nursing facility. Both of these previous mentioned trends is reflective of the nursing facilities moving toward becoming more technologically sophisticated as well as being able to function as more of a

As America continues to be a society of working class people, others retiring and needing help, there will always be the need for elderly care. The trend of the aging drives the facility’s business.

If you've ever thought about senior homecare, you've probably heard or read some home care myths that made you stop and think twice about it. With only a third to a half of seniors receiving homecare going through a professional care agency, many family care providers wonder what the reluctance is. Perhaps some of the myths are true?

Caring for the elderly and disabled has always been a relevant issue among American’s; however, not until recently has it become a significant issue within society. Change has occurred in the past couple decade as the workforce dynamics have transitioned from the family based farm living to the inner city, college educated worker who follows opportunity. Decades ago it was common place to have an aging relative live with the family in a multi-generational home; however, that is no longer a practical option in many cases. Although this transitioning of society has created a new issue and that is providing care to those elderly or disabled members of society who cannot rely on the support of family

By 2060, ¼ of the United States population will be 65 years and older. To put this in a numbers perspective, the population of Americans 65 and older will double from around 46 million today to 98 million by 2060 (Mather, Jacobsen, & Pollard, 2015). With direct correlation to population trends, the number of individuals using long term care services will also double from 13 million in 2000, to 27 million people in 2050. 35% of the population 65 and plus will eventually enter a nursing home (Friedman, 2015). The average annual rate for a private room in a nursing home is around $90,000 (Effros, Hsu, & Levy- Storms 2017). These high costs place an significantly large burden on the older population who must

There may come a time in your loved one's life when they are no longer able to perform all of the tasks they used to without assistance. Despite their need for support, your senior loved one may decide they want to remain at home and enjoy their independence and freedom. While nursing homes and assisted living facilities serve a certain segment of the population quite well, others enjoy the quality of life that comes from living in their own home. For families that are able to provide the necessary care, arrangements can be made to make this work. Others, however, are left wondering how their senior loved one is going to receive the service and support they require to remain safe. Thankfully,

Why has the price of canada housing increased all time high over the years? this year?

Assisted living communities are a becoming a more fiable choice among seniors and the aging population. Many senior

This report reviews a number of factors with the housing market, starting with the rent/price ratio, and covering relevant economic events and factors specific to renting and home ownership.