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Boomers pioneer new retirement housing trends
April 3, 2014
A recent article on Yahoo! Finance reports that, according to the National Association of Home Builders, almost one fourth of remodelers surveyed last year were doing work so that boomers could age in place. The BCTR's Elaine Wethington, co-director of the Translational Research Institute on Pain in Later Life, was quoted in the article,
For many, the desire to age in place stems from the difficulty boomers have had in caring for their own elderly parents who lived far away. Such long-distance relationships have left many adult children feeling “stressed and powerless,” says Elaine Wethington, a sociology professor who directs the Translational Research on Aging Center at Cornell University. By remaining close to their own kids, boomers are hoping to make things easier as they age.
Boomers pioneer new retirement housing trends - Yahoo! Finance