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While new retirement communities have developed in various areas of the United States, they are largely marketed to older adults who are financially secure. Lower income retirement communities are rare except for government subsidized housing, which neglects a large proportion of older adults who have fewer financial resources. [11]
Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
A continuing care retirement community (CCRC), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3]
Retirement community housing includes standalone houses and condos. These typically have higher costs per month but come with retirement-friendly amenities, such as property maintenance and ...
Independent senior living communities (also known as retirement communities, senior living communities or independent retirement communities) are housing designed for seniors 55 and older. Independent senior living communities commonly provide apartments, but some also offer cottages, condominiums, and single-family homes.
Based on the health and financial means of the individual, these may include living in a retirement community or an age-restricted community, independent senior living, or living in a nursing home or retirement home. A retirement community is a residential community or housing complex designed for older adults who are generally able to care for ...
Sales of new U.S. single-family homes dropped to the lowest level in nearly two years in October, likely as a rise in mortgage rates drove buyers to the sidelines and hurricane… People 1 month ago
The demographic term "NORC" was first coined in the 1980s by Michael Hunt, [1] a professor of urban planning at the University of Wisconsin–Madison.He defined NORCs as neighborhoods and housing developments, originally built for young families, in which 50 percent of the residents are 50 years or older and have aged in place.