“Where there were once mountains of Jell-O and endless rows of rockers on porches, there are now wine tastings and day spas. Choice is the buzzword for a wave of high-end senior communities opening or expanding in area communities…The Boston metropolitan area ranked sixth among the 100 largest markets in the country, in terms of the number of [senior housing] properties under construction, in a report last year by the American Seniors Housing Association and the National Investment Center. The 15 projects being built ranged from 55-plus housing developments to nursing homes.” Read more here.
“The number of people in their 90s will quadruple over the next 25 years — and this generation not only will demand choice, they will overwhelmingly outlive their resources to afford most of today’s senior living communities. As the article illustrated, most options are very pricey. Only the nonprofit example shown was within the range for middle-class seniors.” Read more here of this thoughtful Letter to the Editor from Amy Schectman, President and CEO of Jewish Community Housing for the Elderly, in response to the article above.
