Those of us with memories will recall the nursing home crisis of the recession. And, indeed, earlier this year, the Guardian, at was reporting on a continuing malaise in the sector. So why the report in EG today, on a Savills index that seems to show something different? 

Actually, no. Look deeper at the Savills statement, and you will see that we are looking at care homes as prime alternative assets, with financially secure tenants with long term leases, in a market starved of supply, and, dare one say it, probably occupied by the reasonably well heeled. The key word is "annuity" - a well researched financial bet. Would it be right to think that few of those to whom this sector is home will be financed by a dwindling local authority budget, and in general, we should look to the Guardian article for a view of the wider market?