Asheville 1031
Real Estate TRENDS Journal
A growth opportunity for the senior housing industry?
According to Joseph F. Coughlin, the Director of the Massachusetts Institute of Technology M.I.T. AgeLab (http://agelab.mit.edu), the
"disruptive demographics of an aging society offers a growth opportunity for the senior housing industry." (March, 2014)
And, as we have been considering
here in Asheville, NC., there are also many promising ways that can enable older adults to remain in a lifelong home rather than move.(aging-in-Palace). But what are the implications for "boomers" and older adults and real estate professionals who serve this niche?
Aging-in-place technologies and the real estate market
Of course, there are any number of available technologies relevant to a discussion of aging-in-place and what that could mean for real estate professionals and our clients.
Coughlin says, " The convergence of old age and new technology will make the future of aging very different than our parent’s old age. Devices and systems that seek to manage our health are becoming ubiquitous. These include sensors throughout the home, the Internet-of-Things where appliances and the environments communicate with each other and to outside service providers."
A threat or an intriguing possibility?
Is technology a threat or an opportunity for the senior housing industry? Here in Asheville, we have some great ideas for sustainable excellence that work for all of us- regardless of age or physical ability. How about in your neighborhoods? The answer?
What do you think?
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