The number of Older Adult renters with low incomes is rising causing many to cut back on food and healthcare
A new report from the Joint Center for Housing Studies of Harvard University highlights that older adults with severe cost burdens often sacrifice not only on food but also healthcare expenses. Further, almost 3 out of every 10 “extremely low-income renter” households are headed by adults age 65 and over, and 18 percent include a householder with a disability—two groups that typically need costly medical care. Cutting back on medications or foregoing doctor appointments to avoid fees and copayments put these households at even greater risk of serious illness or medical complications.
Learn more about the challenges, opportunities, and implications of America’s rental housing market in the full report: https://bit.ly/3sI72g6