You may not have noticed this, but it is a fact that the United States has a large and growing population of senior citizens. Between 2000 and 2050, The number of older people is projected to increase by 135%. And the population of people 85 and over is projected to increase by 350%. In fact, the proportion of the population that is 85 and older will increase from 1.6% in 2000 to 4.8% in 2050. The aging of our population will place additional pressure on healthcare facilities and support programs for older people. This will also place some pressure on community association (mostly condominiums and stock cooperatives) boards and management. Read more……
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