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Title:Social return on investment of mutual support based housing projects: Potential for socio-economic cost savings and higher living quality PDF Logo
Authors:Borgloh, Sarah
Westerheide, Peter
Issue Date:2010
Series/Report no.:ZEW Discussion Papers 10-029
Abstract:Our paper describes the results of a Social Return on Investment analysis of four new housing projects in Germany. A common characteristic of all projects is the central importance of mutual neighborly support to meet the demand for the assistance of older residents. All projects share some common architectural features and infrastructural characteristics. Furthermore, in each housing project, some form of support by social workers takes place. Using a propensity score matching approach, we compare for the first time systematically the costs for support of older people in mutual support based housing projects with a control group of people living in conventional settings. Our results, based on a sample of more than 700 residents, point not only to improvements in living satisfaction, but indicate also a huge potential for socio-economic cost savings. This can partly be explained by better development of residents' health status.
Subjects:Senior Housing
Cohousing
Mutual support
Assisted Living
Long term care
JEL:J14
R31
I10
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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