The potential of senior housing development and investment in Mexico
Name
986239935-MIT.pdf
Description
Full printable version
Size
5.24 MB
Format
Adobe PDF
Checksum (MD5)
828314f71084568d4a9552ef9841b981
Author(s)
Sánchez Attolini, María Fernanda
Advisor(s)
Albert Saiz.
Date Issued
2017
Publisher
Massachusetts Institute of Technology
Abstract
Worldwide, the elder population is growing- the number of people aged 60 years or over will be 1.4 billion by 2030, an increase of 56% from 2015. As a growing economic force, the elderly will require more specialized services such as housing, health care, transportation, pension plans, and public spaces adapted for their use. Mexico is no exception; by 2030, an estimated 30.5 million Mexicans will be over the age of 60, making up 22.2% of the total population. Accompanying cultural shifts mean that families are no longer well equipped to care for elders as they have been in the past, and government and nonprofit services designated for seniors don't ensure them a high quality of life. This study presents a business plan that creates a private, profitable, service-enriched housing development that will cover specific needs of housing and assistance for elders that require assistance with daily activities as well as those with dementia that require round-the-clock assistance. The mission of the business, besides creating a profitable development, is to create a secure facility that enhances the quality of life for residents by implementing the "best practices" used by experienced Assisted Living and Memory Care developers and operators in the United States.
Description
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2017.
Cataloged from PDF version of thesis.
Includes bibliographical references (page 52).
Subjects
Center for Real Estate. Program in Real Estate Development.
MIT Department
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
Massachusetts Institute of Technology. Center for Real Estate
Terms of Use
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