The coming wave of aging baby boomers will present several challenges to a senior living industry already struggling to meet the demand of seniors who cannot afford market rate independent living, assisted living or memory care. In particular, the population of older adults is quickly growing in low-density areas where it’s especially difficult to build affordable senior living projects. […]
JCHS
Home remodeling spending is set to accelerate, according to data collected by the Joint Center for Housing Studies of Harvard University (JCHS), and some of that remodeling activity will be related to aging in place. If past trends are any indication, elderly homeowners will remain “fairly active” in spending on renovation and repairs, says a […]