Multi-family housing construction and property management are investing in three baby boomers must haves for success. As the baby boomers generation age, they are altering the face of multi-family housing. From downsizing to an adult community or continuing care environment, they will be looking for three must have amenities.
Dr. Jeffery Rosenfeld, an environmental gerontologist says, “Boomers don’t want to buy into the kind of housing that was done by their grandparents.”
Adaptable space: Since baby boomers will be looking for a home office space that easily converts into extra space, possibly or a guest room when family comes to visit. “Or this could be an ideal place for a caregiver to live,” says Dr. Rosenfeld. “They’re looking for space that is not just multi-purpose for a week or a weekend, but over the long haul.”
Homey Finishes: Baby boomers will be looking for the comforts of home, but will need a very manageable space. Dr. Rosenfeld calls this concept “bistro living’.
“Bistro living means living in houses or homes that are down-sized but no less luxurious,” he says. “They’re smaller but not skimping in any way.”
They will be looking for the high end finishes, up to date appliances, granite countertops, but they will also need grab bars. “Grab bars don’t look like your Grandmother’s anymore,” Dr. Rosenfeld says. “They want and need these things because they know what the future is going to bring and they want items that are functional but don’t look geriatric.”
Access: Demographics will be important, being close enough to walk to shopping and restaurants will be high on their priority list. “We are seeing the beginning of communal arrangements of boomers finding places where they, and their friends, can build and design and live in homes close to one another,” Rosenfeld says.
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