Housing Costs Continue to Burden Older Americans
The National Association of Home Builders recently shared an article about how older Americans are dealing with the affordable housing crisis. Affordable housing is something that affects everyone, regardless of age, race or sex. Read more about the study the Harvard Joint Center for Housing Studies released below:
As the housing industry continues to deal with an affordability crisis, a new report shows that nearly one-third of households age 65 or older – 9.7 million – pay at least 30% of their income for housing, and more than half of these pay over 50%.