Seniors face rent hikes despite rise in independent-living units

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These types of communities come in various sizes and layouts, and are often part of a larger community that also offers housing for seniors that require care, such as assisted living or skilled nursing care. This type of larger community that includes independent living as an option is called a Continuing Care Retirement Community. The.

Home / News / Low Income Seniors Hampered by Rent Hikes, Housing Shortage Jul 24, 2018 by Alec Pronk With an influx of money into Southern California, many Los Angeles residents face the harsh reality of a lack of affordable housing.

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Senior living facilities on the rise as population ages. The population of Americans over the age of 65 nationwide is expected to increase by 20 percent by the year 2050, Castro said. The Harris County Agency on Aging has projected the population of people age 60 and over in Harris County will increase from 598,993 in 2014 to 889,567 in 2025,

The city of San Francisco boasts many senior housing communities throughout its diverse neighborhoods. Housing for independent seniors ranges from luxury high-rise apartments and condos to affordable residences for those on a tight budget. San Francisco’s stock of senior housing options is broad enough to fit most people’s needs.

Why Do Rates Typically Rise Every Year? "Aside from the obvious financial motive, raising the rent every year makes sense (even if the amount is trivial) simply to set expectations. Property managers want tenants to simply assume that rents will go up every year so that tenants don’t balk at rent hikes.

Ige Promises To Help Anxious Kakaako Seniors Facing Rent Hikes. Seniors have to contend not only with expensive rents but also the rising cost of food and medical care. At the city’s West Loch Elderly Housing Project, rents for poor seniors rose 5 percent last year and another 5 percent this year, while rents for better-off seniors grew 10 percent and 5 percent.