Real Estate: Doctor in the House

While nationwide debate boils on over the issue of medical care for the aged, California Builder Ross Cortese, 45, is doing well with his own solution to the problem. At Rossmoor Leisure World, a $150 million cooperative-apartment development that Cortese is building 25 miles south of Los Angeles, the cost of medical care for residents will be included in the price of each apartment.

Specifically designed for the elderly, with ramps instead of stairs and sitdown showers instead of bathtubs. Rossmoor will have 6,750 apartments selling at prices from $10,350 to $12,100. Purchasers must be at least 52 and must...

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