Editor’s note: This post was inspired by a recent HousingWire interview with Cameron Carter, CEO of Rosarium Health, on why aging in place is shifting from a lifestyle preference to a financial necessity. You can read the full interview here.
Aging in Place Is Becoming a Financial Necessity, Not Just a Preference
For years, “aging in place” has been talked about as a lifestyle choice — the version where you simply prefer your own kitchen to a facility dining room. That framing is changing. In a recent HousingWire interview, Cameron Carter, founder of health-tech startup Rosarium Health, made the case that aging in place is increasingly driven by cost and capacity, not preference: skilled nursing and assisted living have gotten more expensive, and in some states the wait list to get into preferred institutional care runs two to three years. People aren’t just choosing to stay home — in many cases, they’re staying home because there’s nowhere else to go yet. [Read more…]
Property values across King County have climbed for years—great news if you’re building equity, but a real problem if you’re a senior on a fixed income watching your tax bill climb right along with them. Every year, longtime homeowners get priced out of the houses they’ve lived in for decades, not because they can’t afford the mortgage, but because they can’t keep up with rising property taxes. 
A few days ago, I was reviewing a homeowner’s Closing Disclosure from their purchase that closed with another lender. This couple had come to me when they were purchasing the home, however the builder was offering extra incentives for buyers for working with the builder’s lender. I was surprised to see that property taxes were very under-estimated.
