10,000 Baby Boomers Turning 65 Every Day For The Next 20 Years
To The Tune of 77,000,000.
The trend in our market shows that Baby Boomers will be downsizing to smaller homes, condos, retirement communities, manufactured home communitites and even un assisted or assisted retirement homes. This transelates to more affordable housing requirements for the most part.
Mc Mansions, will be in less demand albeit there is a viable and ripe demographic for upscale retirement communities with all the bells and whistles i.e. golf courses, bocce ball courts, health spas, nicely appointed dining facilities and even entertainemt venues for plays, concerts and presentations.
Or, as another trend is suggesting, BB's will keep their homes and let family members move into them or rent them out to offset costs and add an "Additional Dwelling Unit"("ADU") onto the property if it meets local building jurisdiction requirements. This trend seem to be gaining steam and could very will prove to be the next boom for the Manufactured Housing Industry.