I looked at moving into a smaller home within a few miles of where I live there is nothing around at present, There are lots more in the same position around where I live at present,I happen to know quite a few seniors that are keen to downsize from large family homes to modern apartments. It can make a lot of economic sense.
The problem they typically run into is a lack of suitable apartments in their desired location.
BTW the idea of forcing seniors to live with strangers in their own homes is bizarre.
I actually rent out a few looked at selling one and buying one that I can downsize to at present, I will wait and see if John Moran is going to give me a hand,