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Aging in place or stuck in place in retirement housing
Susan Apel and Keith Irwin, both 71, bought a four bedroom two acre Lebanon New Hampshire home 24 years ago and planned to downsize after paying off the mortgage. Now with rising prices and scarce one floor homes, they struggle to find suitable options. Experts note mortgage debt among older homeowners has risen since 1989.
MENTIONED IN THIS ARTICLE
Susan Apel
Keith Irwin
Lebanon
N.H
Apel
Irwin
COVID
Lima Zhu
The
Urban Institute
Harvard Joint Center For Housing Studies
David Turoff
Placerville
Calif
New York Times