5 Problems with Over 55 Communities

4. The Community Organization Could Fail

Insider Monkey Score: 22

Another problem with over-55 communities is that the organization behind the community fails, leaving behind far-reaching implications for its residents. There may be legal and governance issues, property values may decline, and residents may not get the amenities and services that they need. There will be difficulties in renting out or even selling such properties, further adding to the problems of its residents.