Quote:
Originally Posted by birdiebill
To be considered a 55+ retirement community, at least 80% of the homes have to be owned/occupied by at least one person 55 years old or older. Up to 20% can be owned/occupied by individuals who are not yet 55; but a person must be 19 or older to live here full time. I believe there are two villages here that are "family villages, but I do not know for sure.
I have not seen statistics that show the percentage of homes presently occupied by 55+.
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Ownership is not considered in the law creating 55+. The requirement is that 80percent of dwellings must have one or more occupants 55 or over. They
can all be freeloaders, parents, renters or whatever .