Retirement communities may see first gains in recovering market

By Mary Umberger, Chicago Tribune | June 6, 2011

As baby boomers inch closer to retirement, senior housing official Andrew Carle of George Mason University predicts that retirement communities will be the first housing sector to see substantial economic recovery.

More than 78 million people comprise the baby-boom generation and control about $24 trillion in wealth. Carle sat down with Mary Umberger of the Chicago Tribune to talk about the burgeoning retirement market.

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