Texas’ senior population up 217 percent by 2050
COLLEGE STATION-BRYAN – According to a study published by the Real Estate Center at Texas A&M University, the senior population in Texas will more than double by 2050, making senior housing options a serious concern.
"Beginning in 2011, the baby boomer generation started to retire. That population will continue to retire until 2029 and will make a significant impact on housing in Texas,” says Michael Cline, a co-author of the study.
Here in Bryan-College Station real estate agents say what were once game day homes, are now becoming permanent residents.
The Traditions at Texas A&M, is seeing a large increase in older home buyers and is building homes to more easily accommodate those with disabilities.
The Brazos Valley is also continuing to provide more programs based on senior needs.
Although Bryan and College Station’s senior population does expect to see some growth, the study shows that the largest increase in seniors will be in large metropolitan areas.
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Also Baby Boomers, millennials desire same type of housing offers another take on housing.
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