The elderly are becoming homeless at a rate not seen since the Great Depression
&quot;In a 2020 journal article for the American Society on Aging, Kushel wrote that of all the homeless single adults in the early 1990s, 11% were aged 50 and older. By 2003, she says that percentage grew to 37%.&quot;<p>Society has been built for couples. With the major societal changes in the last 2 decades, we had an explosion of single people wanting to live alone, and the infrastructure is simply not prepared for it.<p>My parents were born poor (poor in a way you simply have no idea in the US) and were able to afford to buy a house (after a lot of work) because they were two working for a common goal.<p>It&#x27;s a very complex problem. Most discussion around it is: look at what the investment funds are doing to housing, but, in reality, almost no new houses are being built (I&#x27;m speaking about my country here, but I suspect it&#x27;s similar in a lot of places), and people aren&#x27;t getting&#x2F;staying married enough time to buy a house and build a family (which will also cause major problems down the line due to rapidly declining birthrates).