Homebuilders: How to Design Homes for Today’s Older Adults
With baby boomers nearing retirement, the number of aging households has been on the rise. What’s more, baby boomers are looking to stay at home as they get older, a concept known as “aging in place.” Here are some recent stats: Households aged 65+ are expected to increase to 34% in 2038 from 26% in 2018, according to the 2019 Housing America’s Older Adults report by the Joint Center for Housing Studies at Harvard University. They’re also less willing to relocate; just 3.6% of adults between 65 to 79 years old moved in 2017 to 2018. Needless to say, baby boomers have a significant presence in the housing market. This means homebuilders must learn how to design homes that are