Healthcare professionals define the need for seniors housing and long-term care. Individuals are classified according to their relative need for help in performing various ADLs or IADLs. This issue is important to market analysis because ADLs and IADLs are used to determine eligibility for different products, such as placing an individual in a nursing home or in an assisted-living facility. Long-term care insurance policies often use ability to perform ADLs as a trigger for benefits. Seniors housing variable .
Different communities define seniors housing types differently.
To overcome this problem, the authors propose the creation of an index based on the physical activities that an elderly person may need help with for household management or personal care. The index or scale will therefore be linked with seniors housing industry project types based the services they deliver. The use of such a scale as a proxy for housing makes it easier to estimate the need for such facilities and removes the ambiguity created by the different interpretations of terms such as nursing homes. In the context of our paper we control for the independent variables researchers have identified as important in a single society age, ethnicity, socio-economic status. The propositions outlined earlier will be tested using t-tests and logistic regression.