Park Homes - How Retirees are shaping the future of Housing

Every eight seconds another baby boomer turns 60!investment property as part of their wealth building
As this generation heads toward retirement what arestrategy, which helped to drive the housing boom.
their housing options?So now these ageing baby boomers will once again
Well, downsizing doesn't mean downgrading for thisset a new trend as they downsize. Lifestyle villages,
group. In fact, baby boomers are looking for upscaleretirement villages, independent living units, over-55
living with less complications. They want their homeshousing, park homes, and residential parks will take
to be manageable, affordable and accessible. Andshape like never before ... all because of these baby
chances are they will get what they want.boomers.
Why?There is an increasing trend toward Park Homes. Park
Because baby boomers have shaped the housingHomes are affordable. But more than that, Park
market over the past 30 to 35 years.Homes are often located in Lifestyle Villages or
In the 1970's they were the kids coming out ofResidential Parks that offer a safe, relaxed,
College and wanting to rent apartments.resort-quality of life that owners of traditional surban
Subsequently there was a huge building boom in thehomes can only dream about. That’s right, you
Apartment market.don’t pay annual rates and someone else
During the 1980's through to the early years of 2000maintains the garden!
as this generation was ageing and becoming moreSo if you're a baby boomer and thinking about your
affluent, they started to buy bigger houses termedhousing options, contact us. We know what you
McMansions. They were also buying a secondwant and where you're heading.