Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Survey: Older Adults Struggle with Housing Costs
1 in 4 adults over age 45 say Florida is their top retirement state – but 1 in 3 struggled with the cost of housing over the past year. NEW YORK – Nearly one in three adults over age 45 struggled to maintain housing costs over the past year, according to a new survey of more than 1,000 adults conducted by PropertyShark, a real estate website.
Homeowners with lower incomes tended to report the highest housing costs burden, but researchers found the problem across all income levels.
Among those earning $20,000 to $40,000 a year, 42% struggled with housing costs, while 27% of those earning between $40,000 and $60,000 were in the same situation. Earners in the $60,000 to $80,000, and $80,000 to $100,000 income brackets, reported burdens at 22% and 20%, respectively. And even the highest income brackets weren’t immune: Six percent of older adults earning more than $100,000 per year said they found it difficult to keep up with housing costs over the past year.
“Beyond shifting attitudes regarding retirement – with many older adults choosing to stay employed for reasons other than financial concerns – there is also a strong need for continued employment to keep up with the ... more

__________________________________________________
Are you on The Rain? Grow Your Network!