The University of Florida suggested today in a news report that home builders should be building homes now to meet the needs of the aging baby boomer population.
Stan Smith, director of UF’s Bureau of Economic and Business Research said, “With the aging of the baby boomers, it’s pretty clear that the number of people who absolutely need these features to continue living in their own homes will rise substantially over the next several decades,” he said. “Unfortunately, there are relatively few single-family houses that will be able to accommodate them.”
The report further stated that over 90% of the homes today are not equipped for people who have trouble getting around. By 2050 1 in 5 households will have someone living in them with a disability.
Read full report
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