Housing Not Up to Handle Aging Population

Housing Not Set Up to Handle Aging Population
The U.S. is not prepared to accommodate its rapidly growing older population where housing needs are concerned. The report, entitled Housing America's Older Adults – Meeting the Needs of an Aging Population, estimates that the population of adults age 50 and above will reach 133 million by 2030, a jump of more than 70 percent since the year 2000. But while their numbers are rapidly increasing, the amount of housing that is affordable, physically accessible, and located well is not, the report said. "High housing costs, aging homes, and costly repairs can greatly impact those with limited incomes, read more.