Most baby boomers want to age in place in their own homes.
However, for those who want to downsize, move to be closer to their children and grandchildren, or move to a different community, they may have difficulty.
Baby boomer may not be able to find the type of housing or the location they want in certain U.S. markets in the next five years, according to a study by Epcon Franchising, a company that sells franchises for housing development.
The potential housing gap could be more than 260,000 in the top 10 ranked markets identified in the study as follows:
- Dallas-Fort Worth
- District of Columbia
- Minneapolis-St. Paul