MARKETS & TRENDS
COMMUNITY
The Growing Homelessness Crisis
HOW COMMUNITIES CAN WORK TOGETHER TO HELP A GENERATION
by Nick Saifan
nationwide. As Baby Boomers age, the number of homeless seniors across the U.S. jumped nearly 70 percent between 2007-2017. Many Boomers are in failing health and forced to live on Social Security. In the meantime, hous-
here is a looming crisis affect- ing America’s senior citizens, and if not addressed, thousands will end up in the streets with no place to call home. The homelessness crisis is affect- ing Baby Boomers and seniors T
ing costs have exploded. Many who expected a comfortable retirement are instead facing foreclosures, evic- tions, and life on the streets. A full and comfortable retirement is no longer realistic for millions of aging senior citizens and veterans. Many
72 | think realty magazine :: august 2021
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