Social Housing:
Social housing primarily targets low-income families, key workers, and vulnerable individuals, providing affordable, secure, long-term rental options. Managed by local authorities and housing associations, it addresses the broader need for accessible housing, ensuring affordability and stability for residents.
Supported Living:
Supported living focuses on individuals requiring additional care, such as those with physical or mental disabilities or the elderly. These accommodations, managed by specialised organisations, combine housing with personalised support services, fostering an environment where residents can maintain independence while receiving necessary assistance.
Supported Living vs Social Housing - At a Glance:
Investment Insights:
Investing in either sector offers unique opportunities. Social housing guarantees a stable rental income backed by government support, while supported living can offer higher yields due to the specialised nature of the services provided.
Conclusion:
Alexander Peter Property Services is equipped to guide investors through the nuances of both supported living and social housing, ensuring informed decisions that align with market demands and investment goals.
The above information is sourced from Yield Investing.