By Vivian L. Holley, JD, MA, CFLS, MFT
Retirement Community Homes For Adults are located in communities throughout the San Francisco Bay Area. Many are low-cost housing for people over the age of 60. Each retirement community has unique characteristics and some have a very limited number of residents. Each is available for short-term stays. For more information on how to get involved in a retirement community for adults, visit the California Association for Retired Persons.
Rental Housing
For more information about renting housing, including how to find a rental property, contact the California Apartment Association.
Community Services
California Association for Retired Persons offers an extensive list of resources and services for older adults throughout California. Contact the association at 800-569-8222 to schedule an appointment with a social worker who can help find you housing assistance programs and services.
The Department of Housing and Community Development (DHCD) has a comprehensive list of resources and services for seniors.
Retired adults purchase homes at a rate that’s never been seen since the Great Depression. As long as their children’s parents own their house, they can borrow against it.
The result is that the real estate market is essentially a giant “reserve asset,” which allows people to save and invest while paying off debt. The result has been that the US economy is more than a decade into a long and unbroken housing boom.
And yet it’s just starting.
The US economy is about to run headlong into this asset bubble. And even if it survives the crisis, it will be a disaster for people trying to buy a home and raise a family.
Here are five key things to know about the mortgage bubble, the US housing crash, the bubble in housing prices, and the housing crisis that will come next…
#1 US real estate is an “unbelievably safe” investment.
In a word: yes.
Most financial experts agree.
When contemplating retirement the majority of us seem pre-programmed to only consider the far reaching financial implications of never bringing in an income again! But the fact of the matter is that there are many more things to consider if planning on retiring abroad, not to mention the fact that many retirees overseas pick up odd jobs and part time positions advising and assisting other expatriates with their lives and businesses anyway!