Downtown Boston is at the leading edge of a national trend toward an older population growth. Downtown Boston’s population has been growing older for the past two decades, with the share of individuals age 45 and older now accounting for over 40 percent of the population in most downtown Boston neighborhoods. Compare that to 2000, when only about a third of the region’s population was over the age of 45.
Changes in the region’s age distribution affect the demand for different types of housing, this has created a higher demand for Boston high rise condos with indoor parking. As we age, Bostonian are also looking for more amenities.
For more information The Boston Foundation conducted a study on this trend.
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