Demand Outlook Improves for CCRCs as Recession, Housing Market Fears Ease

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A recession and a steep slowdown in home sales have yet to come to pass despite recent warnings, and senior living operators and finance experts believe that the CCRC sector’s demand outlook is brighter as a result.

Trading in home equity is a common way older adults are able to move into larger communities, specifically CCRCs and life plan communities. While these communities often carry steep entrance fees, residents can use proceeds from a home sale to fund their move.