Housing A Hurdle To Seniors Aging In Place
Seniors would love to stay in their homes for retirement but there are obstacles to that:
The three sub-par areas were cost of living, availability of affordable housing and variety of housing options.
The survey found that an overwhelming 88% of older residents rated their overall quality of life as excellent or good. About 78% said they plan to stay in their community throughout their retirement.
City Wastes Billions While Seniors Suffer
However, only 10% of respondents gave a positive score to the availability of affordable quality housing in their communities. Close to 30% have “housing stress,” meaning they spend 30% or more of their income on housing.
To read the full story from Palo Alto Online, click here.
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