Retirement living companies | Aussie Stock Forums

A year or so ago there was a fair bit of discussion here about companies like LVL (which changed its name to something I’ve forgotten), VLL, CLF that aimed to make a profit from the ageing population. It’s all been swamped by resources lately, but I wondered if anyone is still following this company, or others like it.

VLL is in the news at the moment because residents of two of its villages are about to be evicted – or maybe just relocated to another town. The reasons are to do with lease agreements between VLL and MFT, inadequate capital in VLL, and I think strategic shifts in VLL, MFT, and various others that have been interested at various times.

This is the kind of thing that makes me unhappy about the whole concept of publicly-owned aged care facilities. Vulnerable people can get badly hurt even when no one does anything actively wrong. There are just too many potential conflicts of interest.

Anyone got an opinion? Anyone changed their opinion over the last year or so? Anyone changed their investments because of a changed opinion??

http://www.theaustralian.news.com.au…5-2702,00.html