Will Aging Boomers Change Housing?

Will Aging Boomers Change Housing?

Housing for boomers will be a growth industry in the next 20 years, says Matt Thornhill, co-author of the book "Boomer Consumer: Ten New Rules for Marketing to America's Largest, Wealthiest and Most Influential Group."

Thornhill predicts the following within the next couple of decades:

• Boomers will renovate their existing homes to make them more comfortable and safer as they age.

I've moved 650+ miles so I can be near the kids.

• Boomers will turn neighborhoods that have good access to shopping and other services into retirement areas with co-housing and other kinds of intergenerational living.

Do not think so, I might go live near the beach and the kids perhaps - but I would not want to live in a co-housing.

• Pods — one-bedroom structures wired and plumbed to the main house — will be a popular answer for families with older members.

May be if that the older members are your own parents and not your in-laws.
My mother-in-law lived with us for 8 years. It was the best arrangement for her during the last
8 years of her life. IT WAS THE BIGGEST SACRIFICE FOR OUR FAMILY and believe me
it would be FOR ANYONE' LIFE.

• Boomers will prefer city to suburban living.

NO Way, I lived in the city most of my life, I love the country now or the beach definitely NOT THE CITY!!!

• Fewer new structures will be built with services for older adults housed in schools and churches.

Source: Seattle Post-Intelligencer, Rita Robinson (12/16/08)

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