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These micro-homes — generally 400 square feet or less, and can be either on wheels or a foundation — are gaining popularity with retirees.
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]
The report notes that 11.2 million older adults spent over 30% of their income on housing in 2021, and only 36.5% of eligible households received federal housing assistance.
It was predicted that by 2020, 19.3% of the UK population would be aged 65 or over, and a minimum of 35,000 new senior living development properties would need to be created to meet housing demands. Independent senior living residents are able to live on their own with limited assistance (provided by third-party home health care providers if ...
In 2003, LGI Homes was founded in The Woodlands, Texas by Thomas Lipar and his son Eric Lipar. [5] [6] LGI Homes primarily focuses on entry-level housing for first-time homebuyers. [7] [8] LGI Homes initially built homes in its home state of Texas. [9] Their first project was a residential development in Conroe called Summerset Estates. [10]
Waldorf, Md.-based real estate agent Jon Benya, who works with many government workers, contractors, and members of the military, said Trump’s talk of slashing the size of the federal government ...