housing issues affecting the baby boomer generation

Affordable, Age-Ready Homes Can Be MAGIC!

By Reese Fayde / November 28, 2023 /

In 2017, geriatrician-housebuilder Dr. Bill Thomas hit upon an idea to challenge the “big-box” style of senior living communities: modular, affordable small homes that reduced financial burdens and increased an older adult’s ability to stay involved in the local community. The houses, named Minka after a traditional Japanese concept meaning a modest rural house, were…

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Starter Cars and Starter Homes — Future Extinct Species?

By Reese Fayde / October 30, 2023 /

An article from Discourse Magazine this month has given me pause. The article, “Starter Cars go the Way of Starter Homes,” discusses the reasons why both affordable options are fading commodities. The article made me realize just how important our voices — our Baby Boomer, Third Chapter Living voices — are right now. Only through…

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Homeowners Recognized as Part of the Solution

By Reese Fayde / October 24, 2023 /

There’s some good news on the horizon for affordable housing in markets currently bereft of such opportunities. In mid-October, the Federal Housing Administration (FHA) announced a change in housing finance policy that will make it easier for people to build accessory dwelling units (ADUs). The new policy allows homeowners, for the first time, to list…

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When Supply Doesn’t Meet Demand

By Reese Fayde / October 2, 2023 /

I’ve spent a lot of time in this blog discussing housing options for Third Chapter Living, including various ways to age in place through ADUs (or “granny flats”), cohousing, tiny houses, and adapting a family homestead to be aging ready. But with the housing shortage I discussed last week, options can seem limited. Currently, the…

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Tiny Houses: Yes or No?

By Reese Fayde / September 10, 2022 /

Over the past couple of weeks, I’ve discussed various types of accessory dwelling units (ADUs) and their uses. This week, it’s time to delve into a specific type of ADU: tiny houses. While not all tiny homes are ADUs, various tiny homes can be a good option for older adults seeking to downsize into an…

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ADUs and Neighborhoods: It’s a ‘Win-Win’

By Reese Fayde / September 5, 2022 /

Last week, I discussed the types of Accessory Dwelling Units (ADUs) and the benefits they can bring to a senior homeowner. This week, I’m branching out to examine the impact of ADUs on communities and neighborhoods, as well as to baby boomers. Obviously, building an ADU or converting a space into one for rental purposes…

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Accessory Dwelling Units: The Granny Flat Update

By Reese Fayde / August 25, 2022 /

This week’s blog begins a series on a particularly varied form of aging-in-place — accessory dwelling units (ADUs). While the term may sound like something the Conehead family from Saturday Night Live’s early days invented, ADUs are remarkably flexible living spaces that can be perfect for both creating additional income and staying in a beloved…

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How are You Really Feeling?

By Reese Fayde / July 19, 2022 /

In last week’s blog, I introduced some of the benefits of senior shared housing. This week, I want to focus in on one particular area that often gets overlooked: state of mind as well as wallet. Many baby boomers who never thought they’d want a roommate have changed their minds due to finances — and…

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