This story is part of your SHN+ subscription In 2025, demand is surging. The rate of newly built communities is not. If the industry does not move faster and conditions persist into next year, it will run into challenges as it seeks to grow for the boomer generation. A big development rebound is unlikely for […]
U.S. Census Bureau
Aging baby boomers are increasingly choosing to rent rather than own their homes. This could be good news for the senior living industry, which offers the type of rental housing that older adults appear to be embracing, rich in amenities and opportunities to socialize. Between 2009 and 2015, the number of renters over the age […]