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<br />City of Ramsey <br />MASTER HOUSING PLAN <br />DRAFT <br /> <br />---..--.------.-----.--......--.....---.------.--.....------_.._-_.._._---_.._.._._-~.._.- <br /> <br />This trend is typical of the metropolitan area, arid will have a significant impact on the type of <br />housing that will be in Ramsey in the future. Empty-nesters and pre-retirees often seek to downsize <br />their living space and seek lower maintenance housing options. The demand for association- <br />maintained and one-level living will only increase over the next twenty years in Ramsey as these <br />age groups desire different housing styles. However, it is also important to remember that some <br />empty-nesters and seniors will desire to stay in their existing home, and may require assistance to <br />do so. <br /> <br />Figure 5 indicates the differences between Ramsey and the overall metropolitan area. Ramsey has a <br />substantially smaller percentage of seniors than the region as a whole, which could be attributed to <br />the lack of housing options. This will change though as Middle Adults and Baby Boomers transition <br />into older age categories - meaning that demand for lower-maintenance, more accessible housing <br />will increase in the city. <br /> <br />Figure 5: Ramsey Residents Within Life Cycles <br /> <br />Percentage of Residents Within Housing Life Cycles <br /> <br />40% <br /> <br /> <br />o Region <br /> <br />35% <br /> <br />30% <br /> <br />25% <br /> <br />20% <br /> <br />IlI!I Ramsey <br /> <br />15% <br /> <br />10% <br /> <br />5% <br /> <br />0% <br /> <br />Children 0 to 17 <br /> <br />Young Adults 18 to 24 Middle Adults 25 to 44 Baby Boomers 45-64 <br /> <br />Seniors <br /> <br />(draft #1) November 2007 <br /> <br />City of Ramsey Master Housing Plan <br />