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What are your thoughts on investing in Seniors Housing?
With the Baby boomer population hitting age 65 at a rate of 10,000 per day for the next 19 years, Senior housing is poised to be a booming sector of real estate. The average resident for assisted living is 81 years old which mean that the baby boomer generation is about 8 years from hitting this sector. The average cost per bed is about $9,000 per months which makes seniors housing a great cash flow investment.