Manufactured home estates are popping up as a "cheaper" option for retirees. But they'll end up costing more, and could be in hazard prone or affected areas.
Naturally occurring retirement communities, or NORCs, are unplanned communities that have a high proportion of older residents. They may be critical to finding housing solutions for aging Canadians.
Instead of isolating and excluding older Australians, communities that are designed to embrace the growing numbers of Australians over 65 will have all kinds of benefits for Australia.
Tech-savvy baby boomers are driving the trend towards retirement living in high-rise city apartments.
There were games, sports, and improved moods and mobility.
While retirement villages aren't regulated like an insurance company, their contracts are essentially insurance policies. This puts the risk on retirees.