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High-Cost Housing Creates Obstacles for Older Generation

A generation's desire to "age-in-place" has created a need for officials and policymakers at local levels to assess how well they are meeting the needs of homeowners at this life stage, according to a collaborative study by Harvard Joint Center for Housing Studies and AARP PublicPolicy Institute [1].

"A rapidly aging population has helped spur recognition of the importance of creating livable and age-friendly neighborhoods, where people of all ages can maintain independence and high quality of life. However ... most older adults in the US do not reside in livable communities, and there are significant differences between who has access to the country’s most livable communities," wrote Jennifer Molinsky [2], Senior Research Associate at Harvard. "These differences depend on whether the resident is a homeowner or renter, whether they have a disability, and by race/ethnicity and income.

The researchers note that "livability" is subjective. That said, AARP's Livability Index measures key categories, including housing affordability,  accessibility, and options. The categories are explained further here [3].

"Using data from the Index and the American Community Survey, our report finds that renters and Asian older adults are more likely to live in high livability neighborhoods while homeowners, middle-income households, older adults with disabilities, and white older adults are more common in places of low livability," said Molinsky. "Shares of Black and Hispanic older adults hold steady across neighborhoods of all levels of livability."

The report also showed older adults who relocate are not moving to more "liveable" locations. Such moves, the data show, are essentially lateral (75%). Just 11% of this age demographic who moved made a "liveability" improvement, while 14% moved to areas with lower scores.

Following are some of the main themes found inside the report:

According to Molinsky, the report supports "policy solutions to address barriers and improve livability for people of all ages and older adults more specifically."