Although most think that millennials are the ones making the shift to urban cores, baby boomers have been increasingly influential in that regard. In the past 10 years, urban populations have grown by 10.3 million in the 55-64 range, and just 4.9 million in the 20-29 age bracket. Cities have become more and more popular for boomers, with easier access to communities and public transportation, plus the low maintenance of living in condos as opposed to houses. However, with more and more senior housing being built than ever before, mostly in more rural areas or suburbs, could developers be missing the mark? Read the full article here.
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