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The Ageing Population and Senior Housing Options

A new generation of grey-haired citizens, empowered by their increasingly better health and more plentiful economic resources, are factoring in their well-being when it comes to choosing the housing model and city where they want to live out their final years. This represents a challenge for city managers and the real estate business ecosystem, but it is also an opportunity for the development of new models, both in terms of architecture, as well as in terms of new management, operation and financing formats.

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Condominiums for senior citizens with a golf course.

The increase in the life expectancy of people enjoying a higher quality of living has led to the emergence of a new generation of senior citizens who are as prepared as they are plentiful. They desire an independent life and have thousands of things on their bucket lists. They are free from family responsibilities, they value their quality of life and they want to enjoy their old age.

That will require a new model for society, with new family roles and relationships between the generations, including the division between work and leisure. To this is added the challenge of the elderly as producers and consumers, their economic and consumption capacity, which are key to the sustainability of the system.

Read the full article in Spanish.

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