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01101/1995 08:09 R48930694 PUJkLlj ,c <br />of percent of household incomes that Could be allocated to each type of living arrangement (as <br />indicated earlier in this section). <br />When factoring the existing competition in the detailed peactrution rate demand models, the <br />impact of the competitive units are considered (subtracted out) at two different levels within our <br />model - before and after the unique: income screening for the proposed community. This is based <br />upon the estimated average required qualifying household income for the residents at each of the <br />communities. Appendix D outlines v%,hick competitive communities are considered (subtracted) <br />above and below the income screen in t11e penetration ratc/dcmand models. <br />It should also be noted, again, that MDS gives consideration to all of the existing; occupied <br />competitive units in the market area, as well as allowing for any vacant and plumed units to be filled <br />to 95% occupancy before quantifying the feasibility of the proposed assisted living community. <br />DeeisIQn 1 nfiuencer ililtlten Irrt r <br />one of the most overlooked market segments with respect to state-of-the-art Senior housing, <br />is the "decision influencer." This decision influencer is typically a child of the Senior who is <br />responsible for providing care and decision snaking in latter years. Sometimes, it can be a <br />t professional such as a member of the clergy or medical practitioner. One of the strongest marketing <br />e impacts on retirement living are the children ages 45 to 64. They are highly motivated to solve an <br />eventual and very personal family ltcalih and logistics problem involving; their p'trents in an effective <br />r <br />and compassionate martrtcr. <br />In 1997, thele are an estimated 10,950 adult children (aged 45 to a4) living in the Primary <br />Matket Area This represents approximately 27110 of the estimated total households in the Ibh1A <br />351 <br />