Housing Hurdles for Older HomeownersÂ
Appraisal Buzz
DECEMBER 11, 2024
Over 30% of the income of over 10 million senior tenants was spent on housing. By 2040, the number of households headed by individuals aged 80 and over is expected to double, making it imperative that the U.S. Only 36.5% of eligible households received government housing aid in 2021, while 11.2 address the issue of aging in place.
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