Boomers and Elders Housing Report: More Americans Age 50+ Find Housing Unaffordable

WASHINGTON, D.C. – October 3, 2011 – (RealEstateRama) — AARP’s Public Policy Institute today released a new report that provides a nationwide snapshot of the changing housing landscape for boomers and elders. “The AARP State Housing Profiles” and its brief summary “Housing for Older Adults: The Impacts of the Recession” updates and expands on a 2007 report on housing for Americans 50+ with detailed findings parsed out state-by-state. Conditions have changed greatly for older households during the last decade. Housing has become less affordable for many older adults who currently devote an unsustainable amount of their budget to paying rent or for their home.


More info...

SHARE
Avatar

Founded in 1958, AARP is a nonprofit, nonpartisan membership organization that helps people 50 and over improve the quality of their lives.

AARP has grown to 40 million members and has offices in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Contact:

601 E Street NW
Washington, DC 20049

Phone: 1-888-OUR-AARP (1-888-687-2277)

Previous articleLAHQ’s Panel Discussion Featuring Downtown Developers and Owners
Next articleSL Green Teams with Stonehenge Partners to Acquire NYC Retail/Residential Portfolio