NEW YORK: Social commentators, newspaper columnists, demographers and prognosticators continue to view seniors housing and care needs as ‘straight line’ demand theory.
But nothing in life goes in a straight line for very long.
The boomer market is in constant flux. But one single factor is triggering a massive eschewing of straight line theory.
It is the abandonment of retirement. It already envelops 23 per cent of its constituents and will push past 50 per cent within five years. Continuing to live in the family home until death, and being a net contributor to the tax base and not a drain has invalidated the straight line boomer demand theorists…