Could a Rise in Popularity of CCRCs Impact Future Housing Market?

Well-known Yale economics professor and housing market analyst Robert Shiller published a fascinating article that appeared in the New York Times over the weekend titled, “Today’s Dream House May Not Be Tomorrow’s”. In the article Shiller highlights the idea that economic and demographic changes could have a dramatic impact on the future value of a home because they will dictate shifts towards new designs and types of communities, including continuing care retirement communities, or CCRCs.