Senior Housing Rebounds After Pandemic-Era Slump

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 1 April 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for April 1. Occupancy rates at many senior communities in the U.S. are rising close to their pre-pandemic levels. Real-estate reporter Peter Grant explains that means for aging Americans—and for investors. And Google agrees to destroy private browsing data as part of a settlement that still leaves it vulnerable to individuals filing claims. National legal affairs reporter Erin Mulvaney has more. Plus, a Florida Supreme Court decision clears the way for voters to decide, this November, whether to guarantee abortion rights in their state constitution. Pierre Bienaimé hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Support for this show comes from SoFi Invest.
0:03.0	Alternative investments are now available on SoFi.
0:06.0	Unlocked the potential to build and protect your wealth,
0:09.0	with alt including real estate, venture capital, pre-IPO unicorns, and more at sofai.com slash W.S.J.
0:16.5	Alternative investment funds have unique risks, including the risk of loss, may charge high fees,
0:21.2	can be a liquid, and aren't suitable for all investors.
0:24.0	Investors should carefully consider the investment objectives, risks, charges, expenses,
0:28.1	and important information contained in a fund's prospectus prior to investing.
0:32.2	SoFi Securities LLC, FINRA SIPC.
0:36.0	Google agrees to destroy browsing data, settling the incognito lawsuit.
0:45.0	And occupancy in senior housing is moving closer to pre-pandemic levels in the U.S.
0:50.0	There was sort of a glut going into the pandemic.
0:53.5	Now, four years later, we have the concerns
0:57.5	about the pandemic easing, and the baby boom is getting closer,
1:00.9	and that demand is beginning to fill up that supply.
1:03.0	Plus Florida voters will get to decide whether to protect abortion rights in the state.
1:08.0	It's Monday, April 1st. I'm Pierre Bienama for the Wall Street Journal, filling in for Emory Fertoli.
1:13.1	This is the PM edition of What's News, the top headlines and business stories that moved the world
1:17.6	today.
1:21.1	Google plans to destroy a trove of data on millions of users web browsing histories.
1:28.0	The move is part of a settlement over a lawsuit that alleged the company didn't properly inform users of the data it collected,
1:35.2	even as those users ran the Chrome browser's incognito option.
	...

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