Story: Over Half of Senior Population Can't Afford Housing

From Tanya Sterling at GlobeSt.com on April 24, 2019:

On paper senior housing is looking great considering the headwinds that demographic trends are expected to deliver. However, one question that is not often explored is perhaps the most fundamental: how will users of these facilities pay for them? The US, after all, is in the midst of a retirement crisis, with numerous studies showing that few Americans have saved sufficiently for their golden years. Now, new research released today at the National Investment Center for Seniors Housing & Care’s Health Affairs Forum in Washington, DC, explores that very topic.

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Nico Hohman

Nico Hohman is the broker/owner of Hohman Homes, a residential real estate brokerage based in Tampa, Fla. Nico is also a contributing author to Realtor Magazine and Inman News, the innovative news source for the real estate industry. Nico has contributed his time and talents to better the standards of the real estate industry and the local community by leading and serving on committees at Greater Tampa Realtors, Emerge Tampa Bay, the University of Florida School of Construction Management Alumni Council, Toastmasters International, Nativity Catholic School, and Johns Hopkins All Children's Hospital Guild. Plus, every fall, Coach Hohman is the Head Golf Coach at Jesuit High School of Tampa.

 

Since he began practicing full time in the residential real estate in the fall of 2014, Nico has been involved in the transaction and management of over 100 properties with a total value of nearly $20,000,000.

 

With a degree in Construction Management from the University of Florida and past experience in the home building and remodeling industries, Nico focuses on helping homebuyers find and purchase new construction homes. He also helps home sellers looking to sell their properties that also require significant renovation.