More seniors are living on the streets. Homeless agencies across the country say it's an alarming new trend because of rising rents and inflation.
agencies across the country say it's an alarming new trend because of rising rents and inflation.
A 2019 study led by the University of Pennsylvania estimated the number of elderly people experiencing homelessness will nearly triple by 2030, reaching over 100,000. And this study was done before the COVID-19 pandemic. Lofton said many seniors were pushed out of their homes after Hurricane Ida when landlords did repairs and then raised rents. "There's an increase in everything right now, and older people have such limited amount of money," Lofton said."When they ask for more rent, these seniors aren't able to pay that amount, and they don't know what to do."
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