Smart social hub and living space for elderly
Based on census data and statistics Canada, one major current trend is the number of people over the age of 50 currently as well as in coming years vs. the number of people in their teens or 20s. This is definitely something that requires attention by city authorities in terms of directed investments in creating specialized world class facilities for those masses.
As of July 2017, (http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/demo10a-eng.htm)
0-20 years age - 21%
20-40 years age - 27.5%
40 - 55 years age - 20%
55 and over - 30.5%
That is almost 50% of target audience in Canada that are directly addressed by this approach.
If a specialized smart assisted living community is created by government council for seniors having living spaces of varying sizes, from studios to condos to small town houses in a particular well planned space; including specialized community medical services with nurses, even consulting physicians and medical staff that are available round the clock to help and assist those targeted individuals as well as provide recreational places, community activities and a social hub to engage in activities of interest; that shall be quite beneficial for community's well being; as well as have a remarkable health and financial advantage in terms of the associated costs for the benefits provided by government as part of EI/CPP to retiring individuals.
In general living style in our surrounding we can see most of middle-class people in their 20s and 30s investing in housing which are mortgaged for around 20-25 years, by the time people own those houses or by late 40s-50s, the requirements change completely. They require money for higher education of children in universities or require loans to do that, or the children start their professional lives with student loans to pay, thus limiting their freedom and productivity to some extent.
The requirement as well as utilization of those 3-5 bedroom houses is not there anymore in majority of those families after 20 years, as the children mostly tend to get their own places as they start their families while the actual geographic space being limited in the cities.
By providing a specially designed smart infrastructure in a community for people nearing or having reached that age bracket, gives the opportunity to not just get best in class living standard for the elderly people, uniformly for all individuals from various walks of lives but also the option for government to provide specialized custom services specific to their needs at their doorstep.
For citizens, it offers potential to re-channel their financial obligations for other purposes by cashing out on those houses and maintaining a healthy lifestyle or even improving on living conditions to specialized spaces to enjoy the lives they worked hard for years.
Also, (in some cases) not having to live by themselves or as elderly couple in those 3-5 bedroom houses with associated maintenance obligations and costs shall be a major advantage.
This also provides the re-farming opportunity to people in earlier age brackets to utilize the same housing spaces for their lives, instead of moving out to suburbs as currently happening with increase in population and thus adding to the commute and usage/demand of public infrastructure.
It shall also relieve the current housing market situation with increasing demand and limited supply affecting the buying power of first time home buyers.
The idea is to provide a much better living space for the target group offering the value addition at that point in their lives, in-order to attract them to join those spaces, thus channelizing and optimizing the resources utilization for overall population.
E.g. make a good school, people with school going kids try to live near that, mayor of Mississauga provides tax cuts to business, population of Mississauga booms to manifolds in short amount of time due to businesses coming to Mississauga. Similarly with specialized investments to cater for the about 50% of population provides a good opportunity to capitalize on current resources and their utilization in big picture.
That would be a smart investment in a smart city, again (from other post about smart office spaces), instead of installing 100 thousand sensors to collect data, for what?
Separate note, (instead of submitting a separate post for that) the smart traffic handling intersections is also a good area of focus in terms of smart investments, however, it may be more beneficial to actually come up with smart ideas and infrastructure to reduce the commute and utilization requirements for that public infrastructure; as population growth is inevitable and public infrastructure requirements shall always increase with that, but channelizing the investments in smart endeavors to cater for targeted community development investments could offer value added approach for the money spent in long term.