By Stephen E. Roulac Providing capital to senior housing involves most important public policy considerations. The combined forces of demographics, improved health care, declining traditional family configurations and emergence of new family structures mean that more senior households live longer, more independently, and in different housing environments than prevailed in prior generations. The implication of the extraordinary growth in the number of senior citizens suggests strong need for capital to fund senior housing. By Stephen E. Roulac Those individuals who created, built and lead the American Real Estate Society have chosen to make their contribution to society by advancing the thought leadership of the real estate discipline. Advancing the thought leadership of the real estate discipline ranks high in society's needs, for real estate is the stage upon which the drama of life is played.
Real estate represents the prison of constraint, the platform of the possible.
The multi-disciplinary designs, the intellectual, emotional, physical, artistic, spiritual, strategic dimensions of structures and their environments are so important to individual life experience, to family, to community, to commerce, to society and its institutions. Ultimately, the answers to these questions are found in the thoughts of the leaders of the real estate discipline. Today, with a renaissance of place and space underway, the thought leadership of the real estate discipline provides a foundation for the application of thought to decisions that result in environments that enhance the experience of life. The intention of this work is to provide a contemporary perspective for understanding the real estate markets that can guide the involvement and decisions for all sectors of society's direct and indirect involvements with the real estate process, resources and market participants. Because the real estate discipline lacks coherence and concurrence about what is the essence of real estate and what are the operative paradigms for comprehending and making order of the discipline, there is need for a strategic framework that is simultaneously synthesizing, integrating and comprehensive.