Tag: housing shortage

Without homeownership, it’s hard to save. When thinking about the future of Social Security, one concern should be whether future cohorts will have comparable assets to people retiring today. Today, a major component of the typical retired household’s portfolio is their home. In fact, the house is the major asset for most families. But today…
San Francisco is caught in the vortex of two powerful forces: a fast-growing retiree population and rising rents. Residents over 60 are expected to make up a fourth of the city’s residents by 2030, according to this video project for The San Francisco Standard by Chris Chang, a student in the University of California, Berkeley’s…