1. Demand for residential preference of senior housing for the Elderly after Retirement in Taiwan – A Case Study of civil servants and teachers T.Y. Chao* Department of Urban Planning, National Cheng-Kung University, Assistant Professor Y.Y. Yang** Department of Urban Planning, National Cheng-Kung University, Master Student

2. Family structure’s change in Taiwan Current issues Population Ageing and Low Birth The course of senior housing policy and the investment profile of private senior housing Promoting Private Participation In Senior Citizens’ Housing The recent policy direction Current issues The senior housing in Taiwan Factors influence of choosing senior housing for the elderly Analysis Results Research Methods Conclusion

3. Population Ageing Since 1993, elderly population has rapidly increased in Taiwan. By 2017, Taiwan will officially become the “aged society”. The estimated period required for Taiwan's society to transform from an aged into an aging one will be about 24 years, which is the same period as Japan. Taiwan will be one of the fastest aging societies in the world. Early development of the country Medium-term development of the countryLate development of the country FranceSwedenUKUKGermanyItalyUSUSJapanTaiwan Reach this population of older people 7%186418871930 194219701993 14%19791972197619721989201319942017 Annual required 115854642597124 3

4. Three-generation familyNuclear family Family structure’s change in Taiwan urbanization academic degreedouble salary householdSocial movement 4

5. Various living choices caused the “agent style general house” to become the major development pattern for elderly residential communities in the future. The Government built Nursing homes with private investment increased incentives for private participation and became a force in promoting economic development. However, the caseload was only 27, the caseload rate was only 29.6%, and the success rate was 0%. There was only one contract in three years after the promotion but it failed finally. The pilot stopped in January 2008. The senior housing marketing didn’t flourish as the Taiwan Institute had estimated it would. Promoting Private Participation In Senior Citizens’ Housing (BOT) 5

6. 2009 willingunwilling No answer / Refused total33.8354.0012.16 age 55~59years37.1852.2910.53 60~64 years28.0256.9814.99 Urbanization district38.4449.0012.56 city33.9353.5412.53 town31.7456.9811.28 township27.9760.4411.60 Education Illiterate21.7862.5715.65 Self-study, private school or primary school 23.1663.5013.34 Junior28.9355.3215.75 High School40.7949.1810.03 College41.6747.4010.94 University and above42.3546.6810.97 People aged 55 to 64 (baby boomers) have higher acceptance of living in elderly care institutions, elderly apartments, senior housing or nursing home than other age cohorts when they can take care of themselves in the future life. 6

7. Current issues There has not been a definite program and support in the residential policies for senior citizens with private enterprise investment. The loss of large private enterprises willing to enter senior housing market is due to their uncertainty in how to proceed. The demand and supply condition of the market shows strongly imbalanced. It is a must that we evaluate and consider deliberately if the opening a market of senior housing in the future is a goal. 7

8. Research Methods The residents tends to have higher levels of education and more financial resources. A sample of people aged over 50 who have a high level of educational attainment and live in urban areas. Chi-square tests and cross analysis will then be used to analyze the data collected via the questionnaire. Offer some valuable recommendations for future development projects. 8

9. Factors influencing the choice of a senior housing VariablesnameThe measured Personal factors Population Gender, age, and educational level. Retirement Career, the ideal retirement living pattern Intergenerational relationship The concepts of filial piety, intergenerational conflict, and independence. Residence ownershipWillingness to change the place of residence. Family relationshipsMarital relationship, the number of children, current living status, place of residence. The motives of consumer behavior Internal demand for services (health conditions, safety concerns, maintenance of social interaction and the dignity of independent living). External demand for services (geographic location, environment, medical and health care, life services, leisure facilities). Residence ownershipWillingness to change the place of residence. Factors which influence decision- making Type of managementHotel-style management, medical-style management, continuing care, leisure, health- oriented management, multi- merge type management. Schedule of developmentBaby boomers and the traditional generation. location Urban, suburban, and rural. ServicesHardware, service life, dignity, self-actualization and, economic independence Property relationsPay, prices, economic capacity 9

10. Results Personal factors Independent lifestyle & Interact with people of different ages Little information about senior housing Own residential property rights Factors which influence decision- making Maintenance of their physical and mental health. Multi-functional housing facilities, which combine medical care and social education. Hardware equipment, medical and health care equipment, life services, health care and a decent environment with good "service quality". Landscape environment and food service Suburban area with of leisure and health facilities. The type of suburban residential of leisure and health. 10

11. Conclusion Marketing & transmission Information platform for senior housing Multiple payment types A fair and equitable co-operation mechanism, financial institutions and senior housing industry Hardware and software services of practice active aging and compression of morbidity Active social participation of diversified Diverse facilities combined with health care technology and healing landscape 11

12. Thank you for your attention