How to analyze impact of increasing of the retired

Gimel

October 09, 2012 22:05

Hi, I want to analyze the impact of the increase of retirement facility in our county. This comes in the form of: 1. Increase of retirement housing facility in our county 2. Increase of nursing activity for retired community in that new housing facility 3. Increase of retired people in our community What should I put in my scenario analysis and event analysis in general? Thank you very much. Best, Gimel Israel

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IMPLAN Support
October 09, 2012 23:49

Hello Gimel, 1. Sounds like new construction of a new retirement facility. You will need the cost of construction and then apply that to sector 34 in events. 2. You will need to know how much will be spent on the new nursing activity and recommend using sector 395 for that as a proxy. 3. You will need to estimate the income spent by those retired people and then do a household spending pattern impact. Let us know if you have any further questions. Thanks

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Gimel
October 10, 2012 05:43

Thank you very much. So far it is clear, I will come back again when I have the data.

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