From a Wall Street Journal online article:
The rise of technologies that help the elderly stay in their homes threatens to upend one of commercial real estate’s biggest bets: Aging baby boomers will leave their residences in droves for senior housing.
Developers and senior-housing companies have spent billions of dollars over the past five years to build facilities that provide housing, food, medical care and assistance for the elderly.
While these properties have been filling up with people born during the Depression or World War II era, real-estate investors are eagerly eyeing the massive baby-boomer generation: 72 million people born between 1946 and 1964, or about one in five Americans. Their needs would require hundreds of thousands of new units, if previous demand patterns persist.
But this wager on elderly care is falling short of expectations, and there are concerns that it could become one of the biggest real-estate miscalculations in recent memory, some analysts suggest.
To read more: https://www.wsj.com/articles/boomers-want-to-stay-home-senior-housing-now-faces-a-budding-glut-11573554601
Chef’s Kitchen
Economists say aging baby boomers are the biggest culprits because many are staying healthier later in life and choosing not to downsize. Some look around at the lack of smaller, less expensive homes and are loath to get into bidding wars with their children’s generation to get one.
To meet Passive House standards, the Cousins River Residence features an airtight building envelope, triple-glazed windows with a u-value of 0.16, a heat recovery ventilation system with 90% efficiency, and a 4.6 kW south-facing photovoltaic array on the garage roof that makes the house nearly net-zero energy.
A new
Leaving nothing to chance, the Cavners are making a number of modifications they might never need. For instance, neither uses a wheelchair, but contractors are making all doorways 3 feet wide for accessibility throughout — just in case. The master bath roll-in shower, flat and rimless, will provide room to maneuver and the master bath vanity is also at wheelchair-accessible height. Kitchen drawers, rather than cabinets, will allow easy access in a wheelchair. The Cavners are closely watching details of the renovation, but it wasn’t a hard decision.

Amazingly, this high-end home was constructed for an unbelievable budget of only US$25,000, a testament to Saul’s perseverance with the DIY build and the couple’s clever sourcing of materials. That means this entire home was built for around the same amount of money that the couple would normally spend on one years rent living in San Diego.
beautiful, modern tiny house, and best of all, they have pulled off the entire build for a budget equivalent to just a years worth of rent in San Diego. In this weeks episode, we explore this stunning tiny house and meet its builders.
