SEATTLE: The growing abandonment of retirement is going to have a significant impact on developers and managers of seniors housing.
The drivers behind the trend, which is now touching 23 percent of the over 65 market, is debt; a mortgaged house, better wellness, a desire to fund children into the housing market, a career change, desire to volunteer and the need to stay relevant and involved.
The ‘stay at home’ sub group is veering towards being mainstream. The impact will slow growth for seniors housing developers…