Stagnant Income Sources • Older adults are often reliant on fixed income sources that do not adjust significantly during inflationary periods. • Social Security is inadequate to accommodate
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and slow to respond to local and national economic trends, including annual cost of living increases. • Fixed incomes cannot absorb significant market-rate rent increases .
Safety and Security Because of their physical limitations and sometimes declining cognitive abilities, older adults are highly vulnerable and need to live in a place where they can feel safe.
Social Interaction As they age, older adults often lose friends and relatives, which can limit social contacts and adversely affect mental health. Housing for older adults should be designed to include access to a wide variety of activities that encourage social interaction.
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