"The silver tsunami is not merely about older homeowners downsizing; it highlights the demographic trends where the senior population is rapidly increasing, impacting infrastructure needs."
"Anticipated growth in the 65 and older population poses challenges, with projections indicating that more residents will be above the age of 64 than below 18 soon in South Carolina."
"The reluctance of older homeowners to sell their properties further complicates the housing market, as they choose to age in place rather than enter the market."
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