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EN
For Older Renters, the Housing Crisis Comes with Higher Stakes
['Frances Nguyen', "Shelterforce'S Reporting Fellow", "Frances Nguyen Is Shelterforce'S Reporting Fellow. Nguyen Is A Freelance Writer", 'Journalist Covering Politics', 'Culture', 'Society Through The Prism Of Race', 'Identity. She Also Edits The Women Under Siege Section Of The Women S Media Center', 'Which Covers Sexualized', 'Gendered Violence In Global Contexts.', 'Franklin Schneider']
Shelterforce
While the majority of older adults are homeowners, more older adults are renting than ever before.
Older adult renters are more likely to live on fixed incomes, which must keep up with rising housing costs and growing medical expenses.
But as the U.S.’s population ages—with older adults soon to outnumber children—this crisis will be harder to overlook and to address.
But most older adult renters are low-income, and their housing precarity is multifaceted.
Aging in InstabilityAs with other affordable housing, demand for senior housing is rising faster than new construction can meet, leaving older adults with few housing options.