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Title: More Than Three-Quarters of Low-Income Older Californian Tenants are Rent-Burdened

Citation Type: Miscellaneous

Publication Year: 2018

Abstract: In 2016, more than three-quarters of lowincome older Californians whose head of household is age 65 or over are “rent burdened,” and more than half are “severely rent burdened” (Exhibit 1). The shortage of affordable housing is a pressing issue in California. For most older adult renters who are retired and on fixed incomes, rising rents create a particular challenge. These tenants have often lived in the same unit for many years, have established ties with their health care providers and community services, and have support networks of friends nearby. If rents rise too high, they can be forced to leave their support networks for distant but less expensive housing. The U.S. Department of Housing and Urban Development (HUD) defines housing costs that are over 30 percent of the pretax family income as a burden, and costs of over 50 percent as a severe burden.1 Older adults who are moderately or severely rent burdened face overall financial stress and have limited resources to pay for food, medicine, and other necessities. Housing is the largest part of the cost of living for older adults, which is a factor in why many older Californians do not have enough income to make ends meet for a minimally decent standard of living.

Url: https://healthpolicy.ucla.edu/publications/search/pages/detail.aspx?PubID=1762

User Submitted?: Yes

Authors: Wallace, SP; Padilla-Frausto, DI

Publisher: UCLA Center for Health Policy Research

Data Collections: IPUMS USA

Topics: Aging and Retirement, Housing and Segregation, Poverty and Welfare

Countries:

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