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Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
Nearly all age-restricted and active adult communities allow people under the age minimum, such as grandchildren, to visit and stay on a limited basis. Most age-restricted communities have covenants that allow people under the age-minimum to reside temporarily in the community for a period of time ranging from two weeks to 90 days per year ...
One subset of mobile home parks, retirement communities, restrict residents to those age 55 and older. Another subset of mobile home parks, seasonal communities, are located in popular vacation destinations or are used as a location for summer homes. In New York State, as of 2019, there were 1,811 parks with 83,929 homes. [12]
And while residents in age-restricted communities make up just under a million owner-occupied households in America, according to the National Association of Home Builders, economic hardships are ...
In Massachusetts, mobile home park owner Tom Lennon came under fire for raising mobile home lot rent by nearly 150%. In February, the monthly rent at his West Street Village Mobile Home Community ...
While many people own their mobile homes, they still have to pay rent for the land they sit on. ... More Investors Are Buying Mobile Home Parks. Newsy Staff. May 17, 2022 at 9:30 PM.
A retirement home is a multi-residence housing facility intended for the elderly. The concept is sometimes called an old people's home, [9] old folks' home, or old age home, although old people's home can also refer to a nursing home. [10] Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional ...
Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [1] Some of the characteristics typically are: the community must be age-restricted or age-qualified, [2] residents must be partially or fully retired, and the community offers shared services or amenities. [2]
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