On Wednesday, Nov. 23, Harriet Edelson wrote a detailed article for the Washington Post about empty-nest seniors downsizing.
It’s interesting that an old house, even if paid for, can be a “burden” if there is constant concern of what can fail. Seniors, especially those very mobile, may want smaller places, newer, more secure, and in areas accessible to public transportation and amenities. A new place with onsite security makes long-term travel much easier.
High rises may often be more secure for some people, but that isn’t always the case. The condition of the property and the quality of management onsite is a major factor for security too.