Study says the US is ill-prepared to ensure housing for the growing number of older people
- A new report by Harvard University's Joint Center for Housing Studies warns that the United States is unprepared to house and care for its aging population, with many older adults unable to afford necessary care.
- The report highlights that the population over the age of 75 is expected to increase by 45% over the next decade, and nearly 11.2 million older adults currently spend more than 30% of their income on housing. Older people of color and those living alone are particularly at risk of financial burden.
- Without sufficient government assistance, many older adults may have to rely on family and friends or forgo needed care, possibly leading to homelessness.
36 Articles
36 Articles
US Ill-Prepared to House Growing Number of Older People, Study Says
Michael Genaldi's road to homelessness began early this year when a car slammed into the rear of his motorcycle, crushed three of his ribs, and left him in a coma for over a month. The 58-year-old lost his job as a machine operator, then his home, and he was living in his truck when he was diagnosed with stage 2 lung cancer. Too young to get Social Security, Genaldi now lives temporarily in a shelter for people 55 and older in Phoenix while he n…
US Unprepared to Meet Housing and Care Needs of Aging Boomers: Study
The U.S. government is not prepared to meet the housing and care needs of its aging boomer population, according to a Harvard report. The United States is facing an impending crisis in providing housing and care for its booming older adult population, with a dire need for increased taxpayer assistance, according to the latest findings from the Housing America’s Older Adults 2023 report. Jennifer Molinsky, project director of the Housing an Aging…
Better housing plan is needed for America’s aging, new study finds
The United States is ill-prepared to ensure housing and care for the growing ranks of America’s elderly, a new Harvard study shows. It stresses that creative ideas are needed to help house people with fixed or dwindling incomes.
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