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Boomers Have a New Retirement Problem
Manage episode 457358002 series 3609475
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Summary of Article: https://www.newsweek.com/boomers-new-retirement-problem-housing-1995432
A Newsweek article examines the challenges baby boomers face in retirement due to a lack of affordable and accessible housing. Many boomers are choosing to "age in place," exacerbating the housing shortage and impacting younger generations. This trend contributes to high housing costs and limits options for downsizing or relocating. The article highlights the significant costs of home modifications for accessibility and the insufficient supply of accessible homes. Solutions proposed include increased funding for affordable senior housing and addressing the overall housing shortage.
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