Do you think that these stay in play if the aging-in-place modifications are made, or the Boomers turn them into multi-generational homes?
Mike,
Of course it will depend on each individual situation. In general, most people want to age in place. If they have a family network that allows that, then multi-generational households will flourish, especially in this economy with foreclosures, job loss, divorces, etc. This is the way of the future. Home modifications or even new building that can comply with Universal Design methods allow that to happen. Plus outside support from Virtual Retirement Villages like Beacon Hill, adult day care, senior centers, meals on wheels, and many more supporting agencies and support, will extend the home stay even longer. There is a whole science behind this. REALTORS should be familiar with them.
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