This Is How Boomers Are Reinventing Retirement Living
Author: internet - Published 2019-06-11 07:00:00 PM - (336 Reads)The U.S. model for senior housing is being rethought by the baby-boomer generation, with providers spurred to make more personalized accommodations for residents, reports MarketWatch . Many of the best available housing options are typically in higher-density destinations, with residences designed for multiple generations, along with community support and stimulation to sustain retirees' activity and well-being. Other seniors are changing location to be closer to service and amenities without having to drive or rely on relatives, adult children, or other support. "There is certainly a move back to the city among a lot of groups, including a population of seniors who maybe left when they had kids, but always wanted to move back," notes David Block with Chicago's Evergreen Real Estate Group. "It's part of a broader move in real-estate development that says the way we built cities, with commercial space below and then we lived 'above the store,' so to speak."