07-31-2022, 10:39 PM
I think they are targeting seniors who have money. Most of the recent seniors' buildings are "life lease" buildings, which has all the downsides of condo ownership and not many of the upsides. This is better.
And what you can do now, before you hit that age, is buy a unit, rent it out and then move in once it's time. In a purely rental building, you really have no way to secure a unit in advance.
And what you can do now, before you hit that age, is buy a unit, rent it out and then move in once it's time. In a purely rental building, you really have no way to secure a unit in advance.