Seniors face rent hikes despite rise in independent-living units

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Currently, 1.2 million rent-assisted units are occupied by age 65 and older households. 47 There is an at-risk population of 7.1 million households (owners and renters) who are not receiving rental assistance identified as having priority or less serious housing problems. 48 This translates into 5.82 unassisted senior households with problems.

The most expensive independent-living units for seniors are two-bedroom units on the North Shore and in Vancouver, with rents running $6,944 and $6,764 a month, respectively.

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San Diego County tenants face the biggest rent increases. rents there are projected to rise 10.6 percent there over the next two years to an average of $2,187 a month in 2020. Forecast highlights.

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Yan, who makes roughly 6,000 yuan a month working for a local environmental nonprofit organization, is only able to afford half of that, despite years of saving. Guangzhou and Beijing — still saw.

Despite the drop in occupancy levels and the rate of rent growth. cohort will increase demand for seniors housing as the decade progresses, which will boost demand for units and push rents higher,

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