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  1. #1

    Default Retirement Villages

    There must be a lot of money in building retirement villages. They're going up all over the place and they are being advertised on the radio all the time.

    Ryman are building a very large complex in Campbell Rd, One Tree Hill, Auckland, just down the hill on the site of the demolished hotel. They look to be apartments. There certainly will be many retirees living there. It's just another village to add to the 31 villages they already own. Someone's becoming rich from all these old people.
    It is better to wear out than to rust out.
    - Richard Chamberlain, Tour of the Hebrides

    Us husbands are a sorry lot.

    Visit the Radio Reading Service: www.radioreading.org.nz

  2. #2
    Apple free in Appleby KarameaDave's Avatar
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    Default Re: Retirement Villages

    Quote Originally Posted by Roscoe View Post
    Someone's becoming rich from all these old people.
    Yes, it could be you if you buy shares in one of the big operators.
    FTW

  3. #3
    Rocket Dog WalOne's Avatar
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    Default Re: Retirement Villages

    Yeah ... purpose built for one foot in the grave. Next stop ...

    Someone's becoming rich from all these old people
    Money to be made at both ends of the spectrum ... kiddy care and retirement

    Last edited by WalOne; 09-10-2017 at 09:28 AM.
    I have very high hopes that seriousness is a reversible condition.

    Dr Lester Levy


    I've studied deeply in the philosophies and religions, but cheerfulness kept breaking through.

    Leonard Cohen

  4. #4
    Senior Member pctek's Avatar
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    Default Re: Retirement Villages

    Rich peoples waiting rooms.....
    wipe your paws.

  5. #5
    Large Member plod's Avatar
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    Default Re: Retirement Villages

    I was once told by someone in the business that it’s not about age care but realestate

  6. #6
    Older by the minute
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    Default Re: Retirement Villages

    Such a rip off if you decide to obtain one of their self contained houses. You are expected to buy the house at their price and sign up in such a way that if you sell for any reason you can only sell to the complex owner at what they decide is the current market value. Additionally, at your cost, the house must be internally redecorated whether it needs it or not. A very costly business to the oldie or the estate to pay for.

  7. #7
    Senior Member Lawrence's Avatar
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    Default Re: Retirement Villages

    People Farming with the average Tenancy being 7 years

    Probably cheaper to go Cruising year round if you can get past the insurance requirements

  8. #8
    Senior Member Driftwood's Avatar
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    Default Re: Retirement Villages

    Everyone has to finish up somewhere.

  9. #9
    Apple free in Appleby KarameaDave's Avatar
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    Default Re: Retirement Villages

    Quote Originally Posted by Driftwood View Post
    Everyone has to finish up somewhere.
    Yes, pity the poor old sods who can't afford such luxuries.
    FTW

  10. #10
    Bleakly Optomistic
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    Default Re: Retirement Villages

    Quote Originally Posted by WalOne View Post
    Yeah ... purpose built for one foot in the grave. Next stop ...



    Money to be made at both ends of the spectrum ... kiddy care and retirement

    In Otaki, going down Mill Road, you turn left for the playcentre, right for the cemetery, or straight if you want to go to the pub

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