For anyone interested in investing in residencies, a key concern is stable, reliable income. One of the best ways to achieve this for people who are thinking long-term is to look at demographic trends. The biggest incoming demographic trend is the aging "Baby Boomer" generation, one of the largest population blocks in the United States, who are now also accelerating the transition into retirement and senior residential needs.

Demographic Changes

Like other developed nations such as Japan and Korea, the United States is now facing a dramatic demographic schism. The aging population of the country greatly outnumbers the youth demographic, and for the Boomer generation in particular, this is a group that is now entering a phase of their life where retirement no longer means staying in their own home.

As aging deteriorates both physical and mental condition, the ability for the boomer generation to live in their detached homes and maintain them is slowly slipping away from them. Whether they suffer from conditions that limit their physical strength or even come with chronic disorders that impair their mobility, confining them to wheelchair usage, for example, this means they now require housing that addresses specialized needs. When even getting into a bathtub or climbing a flight of stairs is a major obstacle, a standard detached home is no longer feasible.

Riding The Wave

More and more Americans of the Boomer generation are now entering this phase, which means there is a growing demand for senior housing that can cater to these needs. For a far-sighted investor who is thinking about long-term gains and reliable revenue, this ever-increasing population of affluent Americans with special residential needs is a promising market to tap. Senior residents are a more stable, reliable, and manageable residential demographic than many younger groups, such as students.

If you want to make sure you're getting the most out of your property rental investments, contact Occupancy Solutions and let us help.