Hard Times for the Nation’s Gay Retirement Communities
October 29, 2011 — It has been clear for a while that gay and lesbian retirement communities were struggling to survive. Relatively new and trying to get off the ground, their struggle is even more difficult than that faced by straight retirement communities, who have had no walk in the park in the midst of this real estate meltdown either. Now the New York Times reports in “Hard Times for Gay Retirement Havens” that 2 gay communities have filed for bankruptcy protection – RainbowVision in Santa Fe, NM, and Palms of Manasota near Sarasota, FL. RainbowVision has another location in Palm Springs, CA, but we do not know if it is affected by the bankruptcy move. The issue at RainbowVision revolves around increased fees and reduced services for facilities including its restaurant, salon, and gym.
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As interviewed in the article, many of the residents in these communities are greatly saddened by these financial developments. SAGE reports that gays and lesbians are twice as likely to be living alone, and therefore have a greater need for the group support of a like-minded retirement community. There are not many other choices when it comes to LGBT retirement communities. Of course you can find gay-friendly towns on this site by using the Lifestyle pull-down menu, or go to our sister site, Topretirements.com.
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If you know. of some gay friendly places to retire, please let us know via the Comments section below
Posted by admin on October 29th, 2011
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