Older baby boomers, facing a severe shortage of suitable housing options as they are aging, are experiencing rising costs in healthcare and elder care.
A significant majority of baby boomers, up to 78%, expressed in a survey that they have no intention of moving, indicating a trend of staying put.
The mismatch between aging homeowners and low inventory has been exacerbated by restrictive land-use policies, inhibiting the creation of necessary housing options.
Less than 4% of US homes cater to those with mobility limitations, highlighting systemic challenges as boomers age and their needs evolve.
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