The care home market ­ not what it used to be


Posted on January 1st, by editor in Caring Times. No Comments

|Times have been difficult recently, but Ian Wilkie suggests its time to take a new view of the long term care sector| It was the case, until very recently, that to publicly express an interest in investing in the long term care market in the UK was rather like admitting you held a betting slip for a 5-0 England victory in the Ashes series. While it could well be argued that a little knowledge being a dangerous thing was an expression well matched to many of the sceptics, it would be fair to say that the general view was still somewhat less than bullish. This perception has undoubtedly altered in recent months and in the early part of 2003, the mood of investors and operators is more positive than has been the case for many years. It is accepted that this is not a view which will be held universally, particularly not by operators of converted homes located in areas governed by the more parsimonious local authorities. The fact is, however, there has been a fundamental shift in the market, the dynamics of which





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