Quote:
Originally Posted by Bill14564
"Senior housing" meaning senior living facilities, not retirement homes. Would be an argument for the Developer to change direction and begin building a different type of Village.
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I read the article too.
Article was saying the oldest boomers are turning 80 and will need senior living.
It also means the youngest boomers are turning 60 and will need retirement housing.
Article says
“ Still, baby boomers are the wealthiest generation in the U.S. Many have paid off mortgages on homes that have soared in value. More than 40% could afford senior housing from income alone, up more than 10 percentage points from 2017, according to Green Street.”