{"id":10499,"date":"2014-10-29T05:00:51","date_gmt":"2014-10-29T12:00:51","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=10499"},"modified":"2020-12-24T02:52:00","modified_gmt":"2020-12-24T10:52:00","slug":"aging-in-place","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/aging-in-place\/","title":{"rendered":"Aging in Place"},"content":{"rendered":"<p>In the traditional American Dream, renting was a transitional phase before upgrading to home ownership. That trend has all but vanished as mature adults rediscover the joys of renting. Joint Center for Housing Studies of Harvard University estimates that <img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-10500\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2014\/04\/shutterstock_20299867-300x200.jpg\" alt=\"shutterstock_20299867\" width=\"300\" height=\"200\" \/>2.2 million additional Baby Boomers will enter the rental market within the next decade, soon accounting for more than half of renter household growth. As more seniors turn to renting, many multifamily communities are exploring aging in place features that can appeal to seniors as well as younger generations.<\/p>\n<p>The National Association of Home Builders&#8217;\u00a0<em>What Home Buyers Really Want\u00a0<\/em>report has identified key accessibility features that residents crave:<\/p>\n<p><b>Master suite on main <\/b>No one wants to haul themselves\u00a0up and down stairs for a shower, especially not as they get older. Aging in pace rentals require a full bath on the main, ideally with a separate restroom for guests. While this is easy for most apartments, condo and townhome owners may face hurdles when marketing to seniors.<\/p>\n<p><b>Wide passageways<\/b> Doorways that are at least 3\u2019 wide and hallways that are at least 4\u2019 wide make it easy for maturing adults to maneuver, especially if assisted by a wheelchair.<\/p>\n<p><b>Barrier-free entryways<\/b> Seniors avoid rentals with stairs anywhere between the parking area and the unit\u2019s entrance, preferring communities that provide ramps and elevator access. Consistent flooring is also a coveted factor. Seams between different surfaces, such as carpet and hardwoods, could cause residents to stumble.<\/p>\n<p><b>Accessibility features<\/b> Small touches make any house a home. For adults who plan to age in place, a home that is customized with accessibility features makes daily tasks less daunting.\u00a0 Low cabinets and countertops, support structures in bathrooms, and walk-in showers aid users who may have limited mobility.<\/p>\n<p><b>Lighting <\/b>As our vision declines, traditional lighting proves inadequate. Traditional lighting\u2014a lamp here, a fixture there\u2014creates pools of light that make it difficult for weak eyes to focus, hindering accurate depth perception. Aging in place rentals will benefit from <a title=\"Universal lighting\" href=\"http:\/\/www.yardi.com\/blog\/insight\/universal-lighting\/2842.html\" target=\"_blank\" rel=\"noopener noreferrer\">universal lighting<\/a>.<\/p>\n<p>While none of these features hinder younger residents from living in the units, some aging in place customizations aren\u2019t preferred by all.<\/p>\n<p>\u201cI don\u2019t know if I want to be reminded every day of my aging body, or that I\u2019m going to be older and maybe less capable of what I\u2019m doing now,\u201d says Kate Ulmstead, a renter in Marietta, GA. \u201cGoing into my apartment and seeing metal bars in the bathroom reminds me of being in a hospital or something. I wouldn\u2019t want that.\u201d<\/p>\n<p>Some accessibility features don\u2019t carry such weighty implications. As a &#8220;vertically challenged&#8221;\u00a0person, I wouldn\u2019t mind lower cabinets. I wouldn\u2019t have to use grill tongs to pull down items that I need!<\/p>\n<p>The fact that some accessibility features are better received by the general public than others may give owners something to think about when planning properties that appeal to multiple generations. There are several ways to provide renters with options.<\/p>\n<p>During builds and renovations, some owners may choose to designate buildings for seniors while others explore the options of accessible floors or individual units scattered throughout the property. Each choice comes with its own appeal. Designated buildings are perhaps the easiest choice and it creates an instant sense of community among neighbors. As an added bonus, mature adults can avoid the crying newborns\u00a0and house parties of their younger community members.<\/p>\n<p>But for properties that may not be able to fill an entire building, designated floors or units may be the more cost-effective option.\u00a0 Such arrangements will also accommodate Baby Boomers who refuse to live in anything that reflects a traditional <a title=\"Baby Boomers shun retirement communities\" href=\"http:\/\/www.businessinsider.com\/baby-boomers-shun-retirement-communities-2013-2\" target=\"_blank\" rel=\"noopener noreferrer\">retirement community<\/a>, so the mixed-generational approach will appeal to them.<\/p>\n<p>Has your property made accommodations for aging in place seniors? What plan has worked best for your community?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the traditional American Dream, renting was a transitional phase before upgrading to home ownership. That trend has all but vanished as mature adults rediscover the joys of renting. Joint Center for Housing Studies of Harvard University estimates that 2.2 million additional Baby Boomers will enter the rental market within the next decade, soon accounting [&hellip;]<\/p>\n","protected":false},"author":440,"featured_media":10500,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[827,133,826,27],"class_list":["post-10499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-age-in-place","tag-demographics","tag-multi-generational","tag-senior-housing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"In the traditional American Dream, renting was a transitional phase before upgrading to home ownership. 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