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Planning and managing public housing stock in the silver economy

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  • Bogataj, Marija
  • Bogataj, David
  • Drobne, Samo

Abstract

Many European countries have a large stock of public social housing for low- and middle-income families. The European Partnership for Active and Healthy Ageing report shows that much of this housing stock is unsuitable for the growing number of older residents with declining functional abilities, especially those needing long-term care (LTC) services. The article describes why and to what extent the problem is occurring. Also, we answer the question of what the dynamics of production of such specialized housing units for older adults in need of an LTC should be. We considered the production (masonry) of assisted living units and housing with care for independent and sheltered housing to mitigate the risk of events leading to illness and disability and thus increase the life expectancy of residents if the right housing stock is in place. The model is recommended to determine the dynamics of investment and production of such housing units. Mathematical programming is developed based on geo-gerontological projections of demand. The calculation in R provides us with the optimal dynamics of production and supply in one of the Slovenian regions. The developed model may be of particular interest to other regions and municipalities facing a housing shortage for older adults and increasing demand. The same procedure could also be used to plan the dynamics of constructing facilities in a public-private partnership or some other form of social infrastructure ownership.

Suggested Citation

  • Bogataj, Marija & Bogataj, David & Drobne, Samo, 2023. "Planning and managing public housing stock in the silver economy," International Journal of Production Economics, Elsevier, vol. 260(C).
    • Handle: RePEc:eee:proeco:v:260:y:2023:i:c:s0925527323000804
    DOI: 10.1016/j.ijpe.2023.108848
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    References listed on IDEAS

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    1. Rachel Garshick Kleit & Whitney Airgood-Obrycki & Anaid Yerena, 2019. "Public Housing Authorities in the Private Market," Housing Policy Debate, Taylor & Francis Journals, vol. 29(4), pages 670-692, July.
    2. Vincent Gruis & Nico Nieboer, 2007. "Government Regulation and Market Orientation in the Management of Social Housing Assets: Limitations and Opportunities for European and Australian Landlords," International Journal of Housing Policy, Taylor & Francis Journals, vol. 7(1), pages 45-62.
    3. Mina Jowkar & Alenka Temeljotov-Salaj & Carmel Margaret Lindkvist & Marit Støre-Valen, 2022. "Sustainable building renovation in residential buildings: barriers and potential motivations in Norwegian culture," Construction Management and Economics, Taylor & Francis Journals, vol. 40(3), pages 161-172, March.
    4. Bogataj, David & McDonnell, Diego Ros & Bogataj, Marija, 2016. "Management, financing and taxation of housing stock in the shrinking cities of aging societies," International Journal of Production Economics, Elsevier, vol. 181(PA), pages 2-13.
    5. David Bogataj & Marija Bogataj & Samo Drobne, 2022. "Long-Term Care Sustainable Networks in ADRION Region," Sustainability, MDPI, vol. 14(18), pages 1-23, September.
    6. Vincent Gruis & Nico Nieboer, 2007. "Government Regulation and Market Orientation in the Management of Social Housing Assets: Limitations and Opportunities for European and Australian Landlords," European Journal of Housing Policy, Taylor and Francis Journals, vol. 7(1), pages 45-62.
    7. Diaz, Rafael & Behr, Joshua G. & Acero, Beatriz, 2022. "Coastal housing recovery in a postdisaster environment: A supply chain perspective," International Journal of Production Economics, Elsevier, vol. 247(C).
    Full references (including those not matched with items on IDEAS)

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