General World News

Seniors aging in place in Chicago could reshape city’s housing market

Seniors largely want to remain in their own homes as they get older, and that preference could be remaking the housing market in the city of Chicago, according to a new report.

Construction Coverage, a company that reviews construction software, insurance, and financial products in order to assist property builders, recently released a new report taking a closer look at the divide between baby boomers’ and younger generations’ shares of metropolitan housing markets according to reporting at the Chicago Sun-Times.

“Boomers own 35.6% of Chicago homes amid a housing shortage,” the company said in details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com