We ain’t getting no younger baby!

A report from the Census Bureau says that the number of people in the world 65 or over will triple by 2050. The projected numbers are 516 million in 2009 to 1.53 billion in 2050. From a REALTOR in Florida’s point of view, the increase of world citizens should equal a steady influx of retirees wanting to spend their golden years in active adult communities, condos and town homes.

Of course all these new senior citizens will require some additional adjustments and changes.

• The President in 2050 will need to ask congress for a bailout to keep businesses that offer senior citizens discount afloat.
• Environmentalists will push for the development of eco-friendly materials to be used in the manufacturing of walking canes citing concern over the disappearing forests.
• Network TV prime time programming will be from the hours of 4 a.m. until 7 a.m. in order to reach a larger portion of the population that are awake.
• 911 will be changed to just 1 to make it easier to dial and remember.
• Restaurants will display, “No shoes, no dentures, no service” signs.

There is a strong possibility that I will be a card-carrying member of that group in 2050. As fair warning to everyone reading this, I never plan on relinquishing my driver’s license.

Housing legislation will assist the aging

The American Association of Homes and Services for the Aging (AAHSA) praised the passing of HR3221 as the first new source of funding for affordable housing in almost 20 years.

“We celebrate the new possibilities now open for expanding the supply of affordable housing for America’s seniors,” said Larry Minnix, AAHSA’s president and CEO. “These provisions will help our members with so many of the problems they now face in building new supportive housing for older people and in preserving the existing supply of senior housing," Minnix added. "A decent place to live is the platform for delivery of services that can help our aging population stay at home and independent longer.”

Related Florida real estate views:

Why is my electric bill high?

Few Florida single-family homes suitable for disabled or elderly

You are only as old as you feel.

- Greg Staker - Watson Realty Corp. - 407-304-0255