AdvertisementThe growing ranks of boomers aged 65-plus could spark a boom in the senior housing market.
It says this will drive strong demand for senior housing facilities, including assisted living, independent living, skilled nursing, and memory care.
"That makes senior housing a compelling option for investors looking to break away from traditional property investment."
Census Bureau/Capital EconomicsMeanwhile, around 11% of those over the age of 65 are currently living in a form of senior housing, according to the American Senior Housing Association.
Related storiesRents, meanwhile, are seeing a strong uptrend, thanks to the supply of senior housing growing tighter after the pandemic.
Persons:
that's, Imogen Pattison, Pattison
Organizations:
Capital, Capital Economics, Census, American Senior Housing Association, MAP