I have always wanted to improve my time management skills—who doesn’t? So I bought a couple of books, The 80/20 Principle by Richard Koch being one of them. The 80/20 Principle, also known as the Pareto Principle, basically says that 80% of your outputs result from 20% of your inputs. The principle works in allRead more
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The Impact of Housing Corrections on the Seniors Housing Industry (and What to Do About It) Here’s an old chart from the unmatched and unparalleled National Investment Center (US spelling) for Seniors Housing and Care, commonly referred to as NIC. NIC has no Canadian counterpart—nothing even comes close. CMHC publishes its Seniors Housing Report everyRead more
Unexpectedly (to me), Abbeyfield Houses are the reason for a conversion in my worldview, perhaps not quite on the scale of famous biblical conversions but significant nonetheless. Read on to find out why. Until very recently (defined as early 2022), I had more or less consigned Abbeyfield Houses to the dustbin of housing history. TheRead more
Not Your Grandma’s Senior Living PREMIUM APARTMENTS, FLEXIBLE SERVICES, EASY MANAGEMENT This is a variation on the Active Adult model. It’s also a variation on the “Village” model as in the Village to Village Network, not the Villages in Florida. Here’s how it works. People choose to move to one of the apartment units inRead more
They’re available, if you know the right consultant. If your sole interest is finding someone to lend you millions of dollars, a made to order market study could be just the thing. But, and it’s a big but, you could be missing a golden opportunity to maximize your profit or to minimize your losses. JustRead more
Here’s a blog post I wrote about 10 years ago. I’ve just come back from Calgary. Every time I visit that city I am always struck by the differences between the seniors’ housing market there and the seniors’ housing market here in Vancouver. The projects all look the same, basically, –the big difference is theRead more