Is Senior Housing a Good Investment Right Now?
The last two years have been extremely hard on senior housing. The shared living arrangements and close proximity of residents and workers within senior housing communities put the elderly residents -- who are most at risk of illness or death from COVID-19 -- in a vulnerable position.
Occupancy levels in senior housing facilities across the nation fell from 88% at the end of 2019 to 74% by the end of 2020. But high vaccination rates among the elderly and lower case numbers this year are helping senior housing make a comeback.
Source Fool.com
