Baby boomers, like millennials, are flocking to rentals offering a ‘hands-free’ lifestyle

Baby boomers are the fastest-growing group of renters, Census figures show.

More than 5 million baby boomers are expected to rent their next home by 2020.

Many boomers want amenity-rich full-service buildings like millennials, brokers tell CNBC.

By Amy Zimmer | CNBC

Russ Chung once lived in a sizable Midwest home, but he recently downsized to a luxury one-bedroom rental in Midtown Manhattan just blocks from Central Park.

Now, rather than mowing a lawn, the 60-year-old higher education administrator spends his free time visiting museums and taking in New York’s other cultural offerings.

READ ON:

Share this!

November 27, 2017

baby boomers, rent

Additional Articles

Hippies, hikers and luxury travelers all agree Sedona is the place to be

By David Weiss | Wall Street Journal YOU’D THINK the eye-popping topography of Sedona—the ancient roseate cliffs, the red-rock spires—would be its main draw. But the

OPINION: Do interest rates matter anymore?

By Wall Street Journal The Federal Reserve hiked interest rates 11 times between March 2022 and January 2024. Short rates have gone from zero to

Rose Law Group Founder and President Jordan Rose, other top female business owners, offer words of wisdom to would-be entrepreneurs

“Love what you do and work harder than anyone else!” – Jordan Rose, president, Rose Law Group PC By Dale Brown | Phoenix Business Journal Have

Get Involved

Write a letter to the editor

Write a guest opinion

Submit news

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Recent Articles

Economist: If Pinal road tax not renewed, business will suffer

(Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County who have worked to bring new transportation infrastructure to the

BREAKING NEWS: Barrow Neurological Institute performed the procedure for Neuralink’s groundbreaking N1 implant

(Disclosure: Rose Law Group Founder and President Jordan Rose is a member of the Barrow Neurological Foundation Board of Trustees and is co-chair of the

Shruti Gurudanti, Rose Law Group partner and director of corporate transactions, comments on the importance of representations & warranties in M&A deals

“Reps and warranties are often one of the most heavily negotiated parts of a business sale agreement, and it’s critical for sellers to carefully understand

M	T	W	T	F	S	S
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30

Baby boomers, like millennials, are flocking to rentals offering a ‘hands-free’ lifestyle

Additional Articles

Hippies, hikers and luxury travelers all agree Sedona is the place to be

OPINION: Do interest rates matter anymore?

Rose Law Group Founder and President Jordan Rose, other top female business owners, offer words of wisdom to would-be entrepreneurs

News Categories

Get Involved

Stay Informed

Recent Articles

Economist: If Pinal road tax not renewed, business will suffer

BREAKING NEWS: Barrow Neurological Institute performed the procedure for Neuralink’s groundbreaking N1 implant

Shruti Gurudanti, Rose Law Group partner and director of corporate transactions, comments on the importance of representations & warranties in M&A deals

Council to consider battery storage system for north Peoria

Performance arts center at PCDS approved

Coyotes owner still plans to bid on land in Phoenix earmarked for NHL arena

Post Calendar

Baby boomers, like millennials, are flocking to rentals offering a ‘hands-free’ lifestyle

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!