The aging baby boomers are a huge segment of the senior population. For many of these older adults, living in a senior community is a life-changing decision.
When we take care of the kids, we tend to be more outgoing than older kids. They are more relaxed and more sociable than they are. For a couple of reasons, I think we need to get more senior homes for our kids.
First, I agree that our kids are more outgoing. Second, the senior community has a limited amount of space and so it’s hard to allow a lot of kids into one place. Third, our kids tend to eat a lot of junk food. I’m sure most parents like to cook, but I think it’s important that we have a place that they can eat healthy food.
The downside of the boomers being the biggest group of people to care about senior housing is that they tend to be more likely to be in it for the wrong reasons. Many boomers are in the process of retiring, so they don’t really need a place to live. The other downside is that senior housing is a very expensive product. These two factors make it very hard to find space for a home of our own.
In the mid-1990s, luxury senior housing was one of the hottest things around. In the mid-2000s, it all went to hell when the boomers got into a real estate bubble and made it difficult to get a good price on a home. Now that there are no boomers in the market, there are very few places for senior housing to go, and many of the same problems that kept luxury housing from being as popular as it once was have come back to haunt seniors.
There are some amazing new senior housing developments in the works, and if your retirement has gone sour, you may want to consider one of the alternatives. For example, recently the Washington State Department of Social and Health Services approved a new senior housing development that will be built on a former industrial site in the city of Spokane.
It’s a lot like a new house or condo for seniors, but it’s going to have all of the amenities they’ve come to expect from a home (like a kitchen and bath), and it won’t look like a senior housing building. In fact, it will look like a luxury senior housing building. But there is a catch, as the developer, a nonprofit called Community Health and Community Services (CHCS), has been planning the development for over a decade.
It’s a good thing that CHCS is in a position to take advantage of the boomers buying their aging homes for retirement, giving us a chance to talk about their experience building those homes. In fact, the senior community that they hope to build in Spokane will be a part of a community of luxury senior housing. So, it’s a good thing that, when the boomers retire, they can choose to live in a nice place, but with all the amenities.
The boomers are choosing retirement homes that are not only very nice to look at, but they are also very nice to live in. This is especially true for the older people. For some of these elderly people, purchasing a home may be the last thing they want to do. They are more interested in amenities like gym and community centers, and they don’t want to leave the place they have lived for so many years.
They’re in for a treat, because the most common type of senior home is an apartment. These apartments have a very large kitchen, and their residents have full access to a kitchen as well as a bathroom. These condos are much smaller and less expensive than apartments, but they have the same amenities.