Researchers from the University of California, Los Angeles, Center for Health Policy Research released a study on rent burdens on California’s seniors. In 2016, more than three-quarters of low-income seniors were either “rent burdened” or “severely rent burdened.”
An individual is “rent burdened” if more than 30% of their income goes to rent and “severely rent burdened” if more than 50% of income goes to rent. In the Bay Area, around 50% of seniors are severely rent burdened and another 25% are rent burdened.
Seniors often live on fixed incomes, and these rent burdens can make it incredibly difficult to make ends meet. Seniors may find themselves having to choose between food, medicine, bills, and rent. In our practice, we assist many clients dealing with the high costs of living and the lack of affordable housing.
If you or someone you know needs assistance and is over 60 in Contra Costa, contact us for a consult.