Historic debt level sparks crisis fear for retirement community developers

DENVER: Household debt is now so high it is exposing the economy to risks in the event of another financial crisis.

Land values are at unsustainable levels and banks are extremely concerned at the ‘peculiar’ vulnerability of retirement community operators whose business model success is inextricably tied to an ‘ever rising property price’…

Full story covered in the Seniors Housing & Healthcare Trends.

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