If you are a loyal Best Ever Listener and attended the Best Ever Conference 2019, you have heard and seen Gene Guarino of the Assisted Living Academy discuss the power of investing in senior housing.
During my interview with Gene, he explained why he believes that assisted living facilities will be the next mega trend over the next 20 years, in part due to the fact that over 10,000 people turn 65 years old every single day.
To learn more about the business plan for this strategy, check out Gene’s interview or this blog post about how to make an extra $5,000 to $20,000 per month by investing in senior housing.
If you are interested in pursuing this “booming” investment strategy, here are 11 metropolitan statistical areas to target. These are the MSAs with a total population over 500,000 that had the greatest increase in senior population (65 years and old) between 2010 and 2016:
11. Colorado Springs, CO
Wikipedia
65 years and older population growth 2010 to 2016: 37%
10. Santa Rosa, CA
Shutterstock
65 years and older population growth 2010 to 2016: 37%
9. Cape Coral-Fort Myers: 37%
The Florida Living Magazine
65 years and older population growth 2010 to 2016: 37%
8. Las Vegas, NV
Wikipedia
65 years and older population growth 2010 to 2016: 37%
7. Houston, TX
iStock
65 years and older population growth 2010 to 2016: 39%
6. Durham, NC
Livability
65 years and older population growth 2010 to 2016: 41%
5. Atlanta, GA
GrandView Aviation
65 years and older population growth 2010 to 2016: 41%
4. Charleston, SC
10Best.com
65 years and older population growth 2010 to 2016: 42%
3. Boise, ID
Idaho Statesman
65 years and older population growth 2010 to 2016: 43%
2. Raleigh, NC
Design Milk
65 years and older population growth 2010 to 2016: 44%
1. Austin, TX
65 years and older population growth 2010 to 2016: 51%
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