Today, seniors are different from previous generations. They’re living longer, healthier lives than ever before. And they’re different when it comes to real estate and downsizing. Real estate professionals have found that many seniors and active adults are really shopping for a lifestyle rather than the building itself.
It was the top of discussion at an investment conference in Washington DC recently — how seniors are driving changes in the senior housing market. While they’re active and want to be around other active adults, many are also seeking housing that will allow them to age in place, so they don’t have to keep relocating.
They found the pandemic had an effect on how 55+ individuals want to live moving forward – they want to be around other active adults, not isolated, and investors are responding to the need for that type of housing community.
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