Enabling Retirees To Stay Put

20 November 2007 - 12:00pm

Retirees are less inclined to move out of their homes as they ages, so a cooperative group in Connecticut is creating a network amongst retirees and service providers to enable people to stay put.

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"Staying Put — one of a rapidly growing number of so-called virtual villages for older people — will upon opening next year envelope its residents wherever they live within the town."

"A nonprofit dues-paying membership organization, the 'village' is actually a townwide support network designed to help older residents stay in their own homes as long as possible. The group’s aim is to help meet local demand for retiree housing in a town with few other options, organizers say."

"The organization is putting together lists of reliable, prescreened contractors available for home repairs; it is also negotiating reduced rates with home-nursing agencies and lining up volunteers willing to drive members to doctor appointments or to pick up groceries."

"The only paid staff member is the executive director, Jane Nyce. Members will be encouraged to offer up their skills and talents too, as volunteers."

Source: The New York Times, Nov 11, 2007

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RETIREES TURN AROUND URBAN MARKET ACCORDING TO CHUCK D'APRIX

Depite some rather faulty and questionable research coming out of what can generously be called a "think tank," the most sought after demographic for urban areas should bethe 55-plus individual. This so called urban think tank has been parading around their concept/notion that folks up to the age of 34 are the highly coveted market that will revitalize urban neighborhods. Baloney. Now researchers are calling them on their studies.

The obvious factors for boomers and( boomers plus)--money, creativity, innovation, life experience, a lifetime of a rebellion ethic pale in comparison to their ability to call upon established social networks that 34 and under folks simply cannot. It is this simnple--better to have older people in an urban neighborhood than younger--better to have a mix of folks of all ages, races and ethnicities. That combination will drive ongoing revitalization.

This article, like article after article, suggests that Boomers will indeed change the entrepreneurial and life/work landscape. Creativity builds over time--it does not stop at 34(what a preposterous notion and what a ridiculous notion on which to create an urban revitalization strategy

Chuck D'Aprix [Charles D'Aprix]
Economic Development Visions
The Downtown Entrepreneurship Project
downtownproject.com
economicvisions.com
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