Market Variations Help Decode Recent Mixed Messages on Senior Living Affordability

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Based on a number of recent news reports and research studies, I imagine the public is confused about whether senior living is affordable or out of reach, a good deal or a veritable swindle. 

These reports and studies include the article headlined “Extra Fees Drive Assisted-Living Profits,” published in the The New York Times; the Senior Housing National Report for the second half of 2023 from Marcus & Millichap; and the “Housing America’s Older Adults 2023” report from Harvard’s Joint Center for Housing Studies. Senior housing affordability also was a recurring theme at our recent BUILD conference and at the NIC conference.