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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

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Invest in senior housing?

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email

Q: I read about the boom in housing for seniors and wonder if it is too late to invest. What would be a good way to capitalize on this?

A: The fastest growing section of the population is the 85 and older crowd and so this certainly has the fundamental potential to be a growth market. The affluent members of this group can afford nice places to stay often priced at $300,000 per unit and up while the costs of constructing such housing is often less than other types of housing. So, of course, and so this is an investment area that is now drawing attention and capital. Consider the stocks of smaller regional builders who specialize in this market. Avoid the limited partnerships that seem to be flooding the market.


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