Abstract for: Development of the United States Senior Housing Industry
This modeling project aims to determine what factors influenced the growth trend of the Senior Housing industry in the United States since the late 1980's. By considering demographic trends, changing cost of capital, general economic conditions, and basic industry structure, this model can generally replicate the historical growth pattern of this industry, thereby showing how it has come to develop in the way that it has as well as providing insight as to how it may continue to develop in the future. This model will serve as a foundation upon which future research can be conducted to answer more specific questions about the future direction of the industry.