WASHINGTON DC: Seniors housing developers and Continuous Care Retirement Communities (CCRC) managers are kidding themselves if they fall for predictions of recent surveys claiming the current products have multiple years of growth.
They are about to be caught by a forming pincer. Boomers are staying at home for life because they are not retiring, and Boomers culturally detest same-age compounds.
The industry remains fixated on veterans and has forgotten the oldest Boomer is now 70…