The Cost of Senior Housing is Expected to Decrease – Here’s Why
According to the U.S. Census Bureau, all the members of the baby boom generation will be 65 or older by 2029. The number of baby boomers peaked in 2011 at 78.8 million and is expected to continue declining through 2040. While more senior housing units have been built to meet the needs of this large population cohort, the demand for units has not met the number of units that are available.
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