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Old 12-16-2016, 02:38 AM
 
Location: Tennessee
34,691 posts, read 33,700,331 times
Reputation: 51914

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"Some small business owners looking for customers are following the nation's changing demographics literally. They're moving long distances to places like Florida, Arizona and California, expecting retiring baby boomers to migrate to warmer climates. Jeff Tremblay relocated to Florida to open a senior care business after living for 25 years in northern New Jersey. His SYNERGY Homecare franchise helps seniors with tasks like housekeeping, cooking, shopping and daily personal care."

There's more:

Focusing on seniors: Business owners follow the demographics

This is good news. Another mentions transportation to doctor appointments, lawn care and food delivery. The more of these types of services that allow older people to stay in their homes instead of living with relatives or going to a facility is a good thing. Right?
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Old 12-16-2016, 06:11 AM
 
29,782 posts, read 34,876,173 times
Reputation: 11705
Quote:
Originally Posted by LauraC View Post
"Some small business owners looking for customers are following the nation's changing demographics literally. They're moving long distances to places like Florida, Arizona and California, expecting retiring baby boomers to migrate to warmer climates. Jeff Tremblay relocated to Florida to open a senior care business after living for 25 years in northern New Jersey. His SYNERGY Homecare franchise helps seniors with tasks like housekeeping, cooking, shopping and daily personal care."

There's more:

Focusing on seniors: Business owners follow the demographics

This is good news. Another mentions transportation to doctor appointments, lawn care and food delivery. The more of these types of services that allow older people to stay in their homes instead of living with relatives or going to a facility is a good thing. Right?
Yes and no! All you say is very true and good for a segment of the senior market. That being the ability to pay for that and more. I agree 100 percent that senior services are following affluent seniors to retirement destination locations. Does that mean all seniors especially the neediest will find support? That's my reservation.
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Old 12-16-2016, 07:19 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
29,806 posts, read 54,470,896 times
Reputation: 31111
One good example is the city of Sequim, WA, near where my elderly parents live. In their 80s now, they still have a house on 5 acres, but because of the rain shadow and unusually sunny weather for WA state, retirees with home equity are flocking there from other states like California, attracted by the low prices, no state income tax, and natural beauty. Small new home and condo developments have sprung up all over the hills and valleys, with more and more businesses, assisted living facilities, over 55 residences, and adult family homes.
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Old 12-16-2016, 07:31 AM
 
29,782 posts, read 34,876,173 times
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Quote:
Originally Posted by Hemlock140 View Post
One good example is the city of Sequim, WA, near where my elderly parents live. In their 80s now, they still have a house on 5 acres, but because of the rain shadow and unusually sunny weather for WA state, retirees with home equity are flocking there from other states like California, attracted by the low prices, no state income tax, and natural beauty. Small new home and condo developments have sprung up all over the hills and valleys, with more and more businesses, assisted living facilities, over 55 residences, and adult family homes.
Bada Bing! Will those new residents driving up housing prices etc be willing to alleviate the cost on seniors who have always lived there with little or minimal home equity or other assets?
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Old 12-16-2016, 11:37 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
29,806 posts, read 54,470,896 times
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Quote:
Originally Posted by TuborgP View Post
Bada Bing! Will those new residents driving up housing prices etc be willing to alleviate the cost on seniors who have always lived there with little or minimal home equity or other assets?
Prices have not been driven up much so far. My parents paid $74k in 2002, their place is now valued at only $160k. That's way less than the prices and value increases in the Seattle area. There is just no demand from working people, with few jobs, mainly service industry and retail.
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Old 12-17-2016, 08:55 AM
 
Location: Loudon, TN
5,785 posts, read 4,841,461 times
Reputation: 19463
In our area many small business people cater to the seniors in our neighborhood. We have numerous lawn care, house cleaners, window washers, painters, even a fellow who's started a limo/minibus/car service business. There are handymen, small job plumbers and electricians, etc. Many of these folks are retirement age themselves and work part-time to assist those who are less able and charge minimal amounts for jobs that ordinary contractors would turn down because they would consider it not worth their time. In addition we have an organization that performs small handyman type tasks for free (they do accept donations) for seniors who are no longer capable, or who are not handy. I'm talking about things like fixing a dripping faucet, changing a light bulb over a tall staircase, changing the lock on a door, etc.

It makes good sense to go where the work is. If you have a business or skill that seniors will value, go where they are! It would be pretty easy to set up a handyman network to help low income seniors too. We use a website called "Nextdoor" which allows you to start a bulletin board type forum for only the actual residents of your neighborhood. People could then offer their services, either fee-based or free. It's not intended to be a commercial site, but residents with businesses can place a posting about their business on a limited basis, once a quarter I believe.
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Old 12-18-2016, 06:34 PM
 
92 posts, read 60,619 times
Reputation: 171
Quote:
Originally Posted by TuborgP View Post
Yes and no! All you say is very true and good for a segment of the senior market. That being the ability to pay for that and more. I agree 100 percent that senior services are following affluent seniors to retirement destination locations. Does that mean all seniors especially the neediest will find support? That's my reservation.
Maybe the ones who can pay will use these businesses first off rather than apply to, say, Meals on Wheels due to having no other options available? Meaning, Meals on Wheels then has more for the poorer seniors?
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Old 12-18-2016, 08:55 PM
 
Location: Tennessee
23,587 posts, read 17,574,904 times
Reputation: 27677
Many of these businesses seem to be concierge type services. Only the affluent can afford those.
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