With about one-sixth of the population aged 60 or above, and the share rising, housing for the elderly is a booming business in Hong Kong. However, many senior citizens do not relish the prospect of spending their last years in old people's homes. The desire to stay with their families is one reason, but more shun living in such accommodations because the quality of care is far from satisfactory. Conditions in homes operated by the Government or subvented organisations are reasonable, but they are meant for the poor or the infirm, and the waiting list is always long. As for the privately-run facilities, many are no more than dormitories which provide only beds and meals, with TV for entertainment. They are unattractive to senior citizens who have the means to live independently, but are unable to take care of themselves due to frailty. The number of such people may be small now, but it is growing rapidly. So it is encouraging that the Housing Society finally has awakened to the needs of these somewhat better-off retirees. Under its Senior Citizen Residences Scheme, self-contained and suitably-equipped flats will be constructed. A senior citizen could live in one for life by paying between $300,000 and $600,000, from which monthly rental deductions will be made. There will be an additional monthly management charge, plus extra fees for personal services. Some critics say the tentative management fees of $1,100 to $1,800 are excessive, but this judgment seems rash. After all, these facilities are meant for those who can afford to pay for quality care. The Housing Society will do Hong Kong a big favour if this pilot project succeeds, and encourages the private sector to build a wider range of quality accommodations for citizens of varying means. Then fewer would want to go overseas for a comfortable but probably lonely retirement.