This list incorporates the needs of older adults into the concept of what makes a good community," notes Rodney Harrell, AARP vice president of family, home, and community, in the new report. This perspective emphasizes that livability criteria should evolve as individuals age, highlighting how urban planning and community structures can significantly impact older adults' quality of life.
We love to celebrate communities that are doing well, but we also can't forget that every place has challenges that they should address," says Harrell. This sentiment reflects AARP's balanced approach to evaluating cities, recognizing that while some areas excel in livability, they also face pressing issues that need to be tackled for comprehensive community improvement.
It ranked as the third least affordable metro among the 50 largest U.S. metros," points out Hannah Jones, Realtor.com senior economic data analyst. "Only nearby San Jose and Los Angeles to the south were less affordable in September." This statistic sheds light on the significant economic barriers facing older adults in desirable urban areas, emphasizing the need for affordable housing solutions.
This eye-wateringly high mortgage payment would require a minimum annual income of $200,000 to remain within the 30% rule of thumb," a reality that draws attention to the financial unsustainability for many older adults living in such expensive cities. This highlights the ongoing struggle for affordability amidst increasing housing costs.
Collection
[
|
...
]