Age restrictions hobbling property sales

SAN FRANCISCO: The growing propensity for planners and developers to agree an age restriction on ownership or occupation is starting to inhibit both sales and occupancy levels.

At this very moment in time, when town planners and council officers have finally become very comfortable with the notion of seniors housing, the market is moving against age segregation and embracing generational inclusiveness.

Developers are increasingly having to go back to authorities and seek to vary the age conditions in an attempt to bolster sales to save projects.

The latest application for an age amendment has been made by…

This trend is covered in detail in the Seniors Housing & Healthcare Trends.

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