confronting aging, a world in transition
Menu

weekly blog--one for the ages

Home Sweet Home

11/1/2018

0 Comments

 
With the world’s population getting older and more urban, the needs of older residents will play an increasingly important part in the shaping of cities. Currently more than 700 cities in 39 countries are signed up to the World Health Organization’s global network of age-friendly cities and communities to promote healthy active aging and improve the quality of life for people over 60. Membership doesn’t necessarily denote an age-friendly city, but that it is committed to listening and working with its older population to create one.

One imperative is building new houses or upgrading existing ones to meet the needs of older residents. People approaching old age now tend to be more design-aware than their parents. According to several surveys, Baby Boomers want comfortable living spaces that create lasting impressions. In particular, many boomers want good views to the outdoors, foyers to welcome guests, and kitchens with lots of space for entertaining and storage. They also prefer sunrooms, screen porches, a room for an office or hosting guests, a media wall, gas fireplace, and an art wall. 

Not surprisingly, the trend for seniors to age in place has created a glut in the number of senior-housing facilities. The supply of senior housing has soared in recent years. The market has added 84,727 units since the end of 2012, up from 59,136 units during the six years before, according to the nonprofit National Investment Center for Seniors Housing & Care.

However, much of that senior housing hasn’t been needed. Many in the generation born between 1946 to 1964 have remained fitter, more independent or stayed closer to their families than many developers anticipated. And since recent demographic data suggests people tend to move into senior-living facilities after they reach 82 years old—the oldest boomer won’t turn 80 until 2026—many of these facilities have arrived ahead of their time.

The glut also reflects some developers overestimating the number of seniors who can afford these residences, which cost around $3,000 to $8,000 a month. Seniors older than 80 are part of the so-called Silent Generation, which suffered through the Great Depression and World War II. Many remain more frugal and independent and resist moving into group housing, analysts say.

Learn More:
​

https://seniorhousingnews.com/2018/10/30/boomers-may-prefer-senior-living-units-designed-entertaining-guests/?utm_campaign=SHN%20Daily%20Email&utm_source=hs_email&utm_medium=email&utm_content=67111873&_hsenc=p2ANqtz-_rksjNFLv3yTOrTlCzzE9PoOeQnCPMaXhkwoxQjVGfD0hARzrdXB0aZCkbZMhq6gPOgDpjegLxvh8nNF4RsW6XAcY5Rw&_hsmi=67111873

https://www.theguardian.com/cities/2018/oct/10/what-would-an-age-friendly-city-look-like?CMP=share_btn_tw&mc_cid=368f63c101&mc_eid=5a2da18187

https://www.wsj.com/articles/baby-boomers-are-living-at-home-thats-bad-news-for-senior-housing-developers-1540897200?mod=hp_listc_pos4

0 Comments



Leave a Reply.

    RSS Feed

    Archives

    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016

Proudly powered by Weebly
  • Home
    • Caring for Elderly Parent
    • Eating & Exercise
    • Emerging Technology & Concepts >
      • End of Life Options/Issues/Grieving >
        • VSED Primer
    • Entrepreneurship
    • Health Challenges
    • History of Aging >
      • Ancient Egypt, India, China
      • Before 1500
      • 1500s & 1600s
      • 1700s & 1800s
      • 1900s & 2000s
      • Early New England (1600s)
      • Quest To Look Young
      • Books
    • Housing Options & Aging in Place Guide
    • Insurance, Security, Fraud
    • Intergenerational Programs
    • LGBT
    • News & Trends
    • Positive/Successful Aging
    • Retirement/Estate Planning
    • Science of Aging
    • Support Resources
    • Travel
    • Weekly Blog
  • About
  • Contact
  • Home
    • Caring for Elderly Parent
    • Eating & Exercise
    • Emerging Technology & Concepts >
      • End of Life Options/Issues/Grieving >
        • VSED Primer
    • Entrepreneurship
    • Health Challenges
    • History of Aging >
      • Ancient Egypt, India, China
      • Before 1500
      • 1500s & 1600s
      • 1700s & 1800s
      • 1900s & 2000s
      • Early New England (1600s)
      • Quest To Look Young
      • Books
    • Housing Options & Aging in Place Guide
    • Insurance, Security, Fraud
    • Intergenerational Programs
    • LGBT
    • News & Trends
    • Positive/Successful Aging
    • Retirement/Estate Planning
    • Science of Aging
    • Support Resources
    • Travel
    • Weekly Blog
  • About
  • Contact