Multifamily Market Commentary
Seniors Housing Demographics and Construction Outlook
October 15, 2021
The Baby Boomers have been an engine of social change for more than 50 years. Born in the years following World War II, their population is estimated at over 70 million in 2021. While Millennials have recently taken over as the largest generational group in the country, the Baby Boomers will continue to have substantial influence on society, including because the Boomers are expected to live longer than any generation before them due to the notable advances in healthcare over the past half-century.