To hear demographers and journalists talk, the rapidly rising tide of retiring baby boomers is akin to a natural disaster of oceanic proportions: look out for The Age Wave!
From collaborative decision making to neighbors who truly care, cohousing is emerging as a viable living arrangement for aging adults.
Writers and planners like to call the aging baby boomer generation a “Silver Tsunami,” but the delta of a mighty river where channels branch off as the water flows into the sea might be a better metaphor.
As has been well documented, the housing and community choices being made by two major demographic groups — the just-starting-to-retire Baby Boomers, and the up-and-coming Millennials, who are now 14 to 32 years old — will be driving consumer demand in the upcoming decades.
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On July 26, 2012, NAR President Moe Veissi submitted comments to the Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac (the GSEs)) on the proposed GSE affordable housing goals for 2012-2014.