U.S. unprepared for housing needs of aging population

September 2, 2014 5:27 PM

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U.S. unprepared for housing needs of aging population

America's older population is experiencing unprecedented growth, but the country is not prepared to meet the housing needs of this aging group, concludes a new report released today by Harvard's Joint Center for Housing Studies and the AARP Foundation. According to "Housing America's Older Adults—Meeting the Needs of an Aging Population," the number of people in the United States aged 50 and over is expected to grow to 133 million by 2030, an increase of more than 70 percent since 2000 (click to view interactive map). But housing that is affordable, physically accessible, well-located, and coordinated with supports and services is in too-short supply.

Housing is critical to quality of life for people of all ages, but especially for older adults. High housing costs currently forcea third of those 50 and older—including 37 percent of people 80 and over—to pay more than 30 percent of their income for homes that may or may not fit their needs, forcin...

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