We’ve seen it all over the media: “The first of the Boomers turn 70.” So what does this mean for the seniors housing and care industry? Some might argue that it presents a “unicorn” opportunity for innovative entrepreneurs
Looking ahead, the expectation is that a reasonably strong national economy, favorable consumer confidence, and an improving housing market will support demand for seniors housing.
For December, the Labor Department reported that non-farm employment increased by a strong 292,000 positions, while the prior two months were upwardly revised by 50,000 jobs.
While the boomers aren’t yet being served by assisted living, the industry is already looking ahead to anticipate the changes this dynamic population will bring.
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