Yes, even “The Donald” is targeting the boomers.
Now it seems that Donald Trump, who recently turned 60, is building his latest luxury development specifically for the boomers. According to the article, Trump building boom, in the NY Daily News, if you’re looking to buy an apartment in this 141 unit complex, you (or one of the buyers) need to be at least 55 years old. This is perfect timing because as the boomers are entering retirement, they will start buying property as an investment (boomers are after all the nation’s richest age group).
A very interesting point the article makes is that just because it is for the “55-and-over crowd,” it by no means signifies they will be inactive. Mr. Trump calls the housing “active adult housing” whereby there will be “indoor and outdoor swimming pools and biking and walking trails to keep everybody moving.”
A very interesting point the article makes is that just because it is for the “55-and-over crowd,” it by no means signifies they will be inactive. Mr. Trump calls the housing “active adult housing” whereby there will be “indoor and outdoor swimming pools and biking and walking trails to keep everybody moving.”
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