The U.S. senior population keeps growing, but where will they live? | Opinion
Aerial photo of Edgemere retirement community in Dallas.Headlines continue to affirm the prosperity of the North Texas region, but not everyone is reaping the benefits. The latest data from the National Investment Center for Senior Housing and Care reveal some concerning statistics.
The lack of affordable housing is a problem that affects multiple demographic groups. But it is perhaps most scary among older residents, who have less economic mobility. More than 11% of Collin and Dallas county residents are over 65. The U.S. Census Bureau estimates that by 2060, there will be 95 million people in this country age 65 or older, up from about 55 million today. That will be nearly a quarter of all Americans.
Even when they’re not linked to family, these types of homes could also offer cheaper rents than senior living complexes.
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