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Newest Reality

(12,712 posts)
1. The numbers
Thu Oct 10, 2019, 02:32 PM
Oct 2019

support the need for this NOW! I am glad to see some attention being paid to this impending crisis.

How do we think it is going to turn out, (with factors like rent and availability of low-income housing, etc.) when we have 10,000 people reaching 65 per day now? Of those 10,000, around half have no assets and little or nothing in the way of net worth and no pension.

Of course, that's just in regards to housing alone. The other factors are health care, food, etc. If you get the full amount of SNAP, in some places it is around $194.00 per month maximum and that is $6.00 per day. Their is no COLA for SNAP and rising food prices mean you can afford less and less as time goes on.

Otherwise, it could become "aging in tent" for scores of seniors and a very common sight. Some of us know how that goes from actual experience.

When seniors go homeless, without any net or support, it can have the same result as for people of any age: you can't get back in. Not only does the period of homelessness make you less of a prospect to landlords, you have to come up with first and last month's rent, plus a security deposit. If the apartment is $1000 per month, you need $3000 up front.

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