Report: Older Populations Face Housing Affordability Challenges
Posted by on April 16, 2012
Report: Older Populations Face Housing Affordability Challenges
Posted under Resources on April 6, 2012
A new report from the Center for Housing Policy, Housing an Aging Population—Are We Prepared? finds that older adults are more likely than younger adults to have housing affordability challenges.
Key findings include:
As the U.S. population ages, the share of the population with severe housing cost burdens will likely rise
As the overall population ages, the numbers of the most vulnerable will grow as well
Even some older homeowners without mortgages face serious housing challenges
An older population with health issues will drive demand for modified housing and housing with supportive services.
Existing and emerging policies can help older adults continue to live in their own homes as they age.
Equally important are policies to expand housing choices for older adults.
http://www.nhi.org/news/2611/report_older_populations_face_housing_affordability_challenges
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