The U.S. Census Bureau released a report earlier this week that shows that the world’s 65-and-older population is projected to triple by midcentury, from 516 million in 2009 to 1.53 billion in 2050. In contrast, the population under 15 is expected to increase by only 6 percent during the same period, from 1.83 billion to […]

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Interested in seeing some Japanese senior housing architecture with some flair?  See this post in Architectural Review for an example of a large grided frame designed to create connection and separation, producing a certain intonation of place.  The project was designed by Sou Fujimoto Architects for the elderly with dementia in Noboribetsu, Japan.
For the link, […]

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Canada Mortgage and Housing Corporation (CMHC) launched its new National Seniors’ Housing Survey this week that provides information collected from facilities in all provinces on vacancy rates and rents in seniors’ residences with services not offered in traditional rental structures.  Vacancy rates varied considerably across the country, from a low of 3.4 per cent in […]

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Think the aging population in the US is scary (in numbers :-))?  Think about the Asian continent.  Take a look at some of the information that a government official from Singapore shared with members of a health care symposium last month.  By 2030, one in five Singapore residents will be 65 years and above, […]

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Viva Retirement Living celebrated the grand opening of its latest retirement facility, Waterside Retirement Community and provided an open house to area residents and local politicians.  Focused on promoting healthy and active lifestyles, Waterside Retirement Community offers independent living suites ranging in size from studios to two-bedroom. All suites include three meals per day […]

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  As senior housing becomes more global, the largest market for expansion is the Chinese market based upon sheer population size.  The Center For Strategic and International Studies released a new report entitled, “China’s Long March To Retirement Reform”.  The report warns that the aging of China’s population could usher in a new era of […]

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The Government of Canada and the Province of British Columbia (B.C.) are launching a new, $123-million Seniors’ Rental Housing Initiative to build up to 1,000 new housing units for seniors.  Premier Gordon Campbell and The Honourable Gary Lunn, Minister of State for Sport, on behalf of the Honourable Diane Finley, Minister of Human Resources and […]

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Amica Mature Lifestyles Inc. (TSX Symbol: ACC) (“Amica” or the “Company”), a Canadian based company in the management, marketing, design and development of luxury housing and services for mature lifestyles, released its operating results earlier this week that showed a decrease in earnings.

The company discussed that its facing challenges getting seniors to sell their […]

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Think the US market is the only high-growth/high-opportunity area for senior housing?  Think bigger.  Think China.  A recent article in ShanghaiDaily.com and on the Chinese version of Knowledge at Wharton discussed how the traditional view of aging is China is changing from children caring for their parents to the use of Western Style senior […]

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While the focus of Senior Housing News primarily covers the US market, some of the more interesting opportunities and challenges for senior housing lie outside the borders of North America.  The United Nations released its updated World Population Prospects for 2008 which states that the global population of persons aged 60 or over is […]

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In an effort to combat its rapidly growing aging population and an increasing number of seniors looking at early retirement due to corporate restructurings, the Korea Financial Services Commission is considering expanding its current reverse mortgage program to allow more seniors access to its product by lowering the age requirement from 65 to 60 […]

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The Government of Canada, the Government of Ontario and the United Counties of Prescott and Russell recently announced more than $2.3 million in funding for affordable housing.  The event marked the grand opening of 25 new affordable housing units in the Nation and funding for eight senior rental units in Rockland and down payment assistance […]

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