Prior to the onset of the coronavirus pandemic, market speculators in the real estate investing sector saw 2021 as a great year for senior housing, a silver tsunami experience.
With the bulk of the boomer generation retiring this year and in the near future, independent living communities, apartment complexes, and memory care communities are supposed to sell like hot cakes. That said, senior housing has also become a hot market for investors willing to cash in on the increasing demand for this asset class.
It may take some time before the sector stabilizes, but one thing's for sure, the senior housing market will still see a consistent rise in demand.
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About Vinney (Smile) Chopra:
Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much.
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