“Pandemic means 41,000 fewer senior housing units could be needed: analysis”

“Pandemic means 41,000 fewer senior housing units could be needed: analysis,” by Kathleen Steele Gaivin, McKnight’s Senior Living

Quote:  “COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as 41,000, according to National Investment Center for Seniors Housing & Care findings published last week. Seniors aged more than 85 years account for 30% of all COVID-19-related deaths in the United States to date. The Centers for Disease Control and Prevention’s provisional numbers released April 21 showed that 169,545 people in this age group have died as a result the pandemic.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Kind of a macabre way to reduce the senior housing supply problem.