Exactly CB, buying into a retirement village isn’t an investment decision, it’s a lifestyle decision.
There are posters on HC who only see the ‘price tag’ and pay little heed to the underlying Reasons for
Purchase.
I very much doubt any of the 70,000 current residents would list ‘valuable investment’ in their top 10 reasons for buying.
This issue must be viewed through the eyes and intentions of the purchasers. Yesterday SGP had their AGM and they quoted a 90% happiness factor...AOG quote around 87%.
AOG Price at posting:
$1.88 Sentiment: Buy Disclosure: Held