NEW YORK: The retirement community ‘Life Licence’ business model is in serious medium term trouble.

Life Licence has always encountered strong market resistance, even when it was the only alternative to staying at home.

Penetration rates remain anchored to low single digit percentages of the available market.

Now boomers (the oldest of whom is in his/her 70th year) are saying no to nebulous property arrangements.

Retirement community developers who will be relying on boomers to fill half their property stock within five years, are finding current models unsaleable for five key reasons…

This trend is covered in detail in the Seniors Housing Trends Text Book Series