#51 - How to Make a Rental Property More Aging in Place Friendly
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#51 - How to Make a Rental Property More Aging in Place Friendly
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The demographic shift toward an aging population creates unique challenges and opportunities for rental property owners and managers. By implementing specific aging-in-place modifications, landlords can make their properties safer, more accessible, and more appealing to the growing market of older renters while increasing property values.
• America's "silver wave" will see 73 million Americans aged 65+ by 2025—about 20% of the population
• Most rental properties weren't built with aging in place or universal design principles
• Many high-impact changes (grab bars, lever handles, lighting) are affordable, costing $10-100
Best of all - aging-in-place modifications benefit all tenants, not just older adults!
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