CHICAGO: A 2015 Healthcare and Retirement Living report claims the over 50s market is set to become the main driver of the housing market.
“The proportion of workers to retirees will inevitably dwindle as the elderly comprise an increasingly sizeable percentage of the total population, placing a greater economic burden on those still in the workforce and spurring demand for more affordable retirement options,” claims the report writers.
The HRL sector, which encompasses aged care, retirement homes, manufactured homes medical centres and hospitals, will receive a significant boost from the demand created by this disproportionate expansion of the aging population said…