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Senior Cooperative Housing

A Booming Trend

The growth in senior housing cooperatives in the past 30+ years has been extraordinary. As people approaching or past retirement age discover the many benefits of cooperative living, the total number of senior cooperative housing units has increased more than 20-fold, as the chart below shows. And as the baby boom generation reaches retirement age and considers the many lifestyle choices available, the cooperative model is predicted to gain ever greater popularity.

 

Growth in Senior Cooperative Housing Units

 

Source: Senior Cooperative Foundation