With the aging of baby boomers, senior housing has become a hot topic. Many people are concerned about how they will pay for their parents’ care while also saving money and planning for retirement. There is no easy answer to this question, but we can discuss what’s happening with senior housing, Pandemic effects on occupancy, healthcare-related costs and staffing, and some of the major issues facing seniors today.
Senior housing is a rapidly growing industry. The number of seniors in the United States is expected to double by 2030, reaching an estimated 70 million people over age 65.
But with this growth comes challenges for senior living providers and their residents, including rising healthcare costs, staffing shortages, and more.
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Bio:
Calvin Schnure is Senior Vice President, Research & Economic Analysis, at Nareit. In this role, Calvin analyzes developments in the macroeconomy and their impact on REITs and commercial property markets, and on financial returns to REITs. He also monitors the performance of mortgage REITs and conditions in the U.S. mortgage market. Calvin also conducts original research on REITs’ stock market returns and economic fundamentals.
Find Calvin on LinkedIn: https://www.linkedin.com/in/calvin-schnure-a943b213/
