Is Senior Housing the Next "Big Short"?

"Even with the demographics and the socio-economic profile of the senior and baby boomer population, is investing in senior living a wise choice by default? While there are some some uncertainties that remain, will we start to see more of the "build it and they will come?" scenario? Or how about looser margin and ratio requirements on underwriting standards just because the need is inevitable? What about a pro-forma budget from an inexperienced developer/operator/investor...sounds like a stated income or NINJA loan to me."