A new report from the AARP Foundation and the Harvard Joint Center for Housing Studies finds that the country is not ready to meet the housing needs of our rapidly aging population. By 2030, there is expected to be 132 million adults age 50 and over. Housing that is affordable, physically accessible, and well located is limited.
Says AARP Foundation president Lisa Marsh Ryerson,
“As Americans age, the need for safe and affordable housing options becomes even more critical. High housing costs, aging homes, and costly repairs can greatly impact those with limited incomes. The goal in our support of this report is to address the most critical needs of these households and it is AARP Foundation’s aim to provide the tools and resources to help them meet these needs now and in the future.”
The full report is available here.