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Aging Population | Beach Road Realty Blog

Saturday, December 16, 2023   /   by Richard Eimers

Long-Range View of Housing Stock Finds Shortages

Study: U.S. isn’t on track to ensure housing for a growing number of older Americans as the boomer generation ages.
PHOENIX (AP) – Michael Genaldi’s road to homelessness began early this year when a car slammed into the rear of his motorcycle, crushed three of his ribs, and left him in a coma for over a month. The 58-year-old lost his job as a machine operator, then his home, and he was living in his truck when he was diagnosed with stage 2 lung cancer. Too young to get Social Security, Genaldi now lives temporarily in a shelter for people 55 and older in Phoenix, while he navigates the process of qualifying for disability payments.
As its population ages, the United States is ill-prepared to adequately house and care for the growing number of older people, concludes a new report released Thursday by Harvard University’s Joint Center for Housing Studies.
Without enough government help, “many older adults will have to forgo needed care or rely on family ...

  beach road realty, richard eimers, eimers group, housing crisis, aging population, senior housing, elderly care, homelessness, affordable housing, housing assistance, social security, cost burden, retirement struggles, housing shortage, income inequality, disability payments, long-term care, housing challenges.

Beach Road Realty
Richard Eimers
17 Roundwood Drive
Inlet Beach, FL
850-259-1798
Beach Road Realty

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