A shortage of caregivers for baby boomers, high cost of senior living products and services and lack of disability-equipped housing reveal a seniors housing crisis as the 50-and-over population is projected to increase about 20% by 2030, according to a new report released Tuesday by the Harvard Joint Center for Housing Studies and the AARP Foundation.
“We have a big problem,” said Henry Cisneros, executive chairman at CityView and former Secretary of the Department of Housing and Urban Development, during a presentation on the study’s findings. “Many aging Americans don’t have personal savings, and governmental budgets are strapped.”
via Harvard, AARP Say Seniors Housing is Next Big American Crisis – Senior Housing News.