volinbham
VN GURU
- Joined
- Oct 21, 2004
- Messages
- 70,384
- Likes
- 64,386
Bidenomics!
www.wsj.com
“The fact that we are seeing elderly homelessness is something that we have not seen since the Great Depression,” said Dennis Culhane, a University of Pennsylvania social policy professor and researcher with expertise in homelessness and housing issues.
Officials with the Department of Housing and Urban Development say older adults are the fastest-growing segment of the homeless population and are making up a larger and larger share of homeless people overall.
Why More Baby Boomers Are Sliding Into Homelessness
The aging of America means more old people on fixed incomes are overwhelmed by the high cost of housing and other financial shocks; ‘not seen since the Great Depression.’
“The fact that we are seeing elderly homelessness is something that we have not seen since the Great Depression,” said Dennis Culhane, a University of Pennsylvania social policy professor and researcher with expertise in homelessness and housing issues.
Officials with the Department of Housing and Urban Development say older adults are the fastest-growing segment of the homeless population and are making up a larger and larger share of homeless people overall.
