With the cost of Senior Housing and Long Term Care facilities being discussed and debated, why not consider living in 700 square feet on a major cruise line? A cruise that is a self-contained lifestyle community, complete with restaurants, theaters, fitness center, library and a new view every day…sound tempting? Shuffleboard, exercise classes, bridge, gambling, […]
Category: Senior Living
One of the blogs that we follow, Long Term Care Daily, recently posted some links to some long term care calculators that estimated some of the costs for long term care including the average cost based on state (and there are some cities to choose from) and type of care (Nursing home, Assisted Living and […]
The front page headline of today’s Wall Street Journal proclaims “American’s Delay Retirement As Housing, Stock Swoon“. Senior’s largest net asset as a percentage of net wealth has traditionally and statistically been dominated by home equity. The article profiles one couple’s struggle to sell their $250,000 home after many months and this is after a […]
The Longwood at Oakmont, an independent retirement community in the Pittsburgh, PA area, has recently begun construction on the fourth phase of its $70 million dollar expansion project. The next phase called the Grandview at Longwood is a 89-unit apartment building that has been registered to be LEED certified when completed. The project should be […]
Last week, the Social Security Administration presented its report on Social Security and Medicare in the United States. The annual report painted a similar picture of demise and didn’t show any major improvements or worsening in the entitlement realities over the next 30 years from last year’s report. 2008 is an important year for the […]
Sunrise Senior Living finally filed its 2006 annual report that restated earning from $80 million dollars to approximately $20 million. With the filing, Sunrise avoided having its common stock listing suspended by the New York Stock Exchange. The restatement of earnings dates back to 1996 corrects aggressive accounting practices with respect to its reimbursable contract […]
Can you imagine the children and neighbors of seniors in India (or the United States) subjecting the seniors to verbal and physical abuse over their decision not to sell or transfer their property? Sounds like the children want to sell the house and pocket the money. If they lived in the United States in 2005, […]
Did you see the movie “Field of Dreams” with Kevin Kostner? If not you can either read the IMBD entry or understand that a crazy farmer in Iowa with a voice in his head builds a baseball field and baseball players magically begin to show up to practice and play ball on the field. Every […]
Remember the days of getting wait listed to attend the university that you were dying to get into? Flash forward 60 years into your future and you’ll come to realize that you’re back on the waiting list…except this time it’s for Senior Housing. With waiting times growing longer for affordable, independent living and assisted living […]
We’re proud to announce our Senior Housing Index of publicly traded stocks. We’ve selected 10 publicly traded entities to follow that have major components of their businesses associated with Senior Housing, Senior Retirement Communities, Senior Living Projects (Assisted & Skilled Care) and the Aging process. We welcome input from our readers as to our selection […]
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