The gap between the richest and poorest American communities has widened since the Great Recession ended, and distressed areas are faring worse just as the recovery is gaining traction across much of the country. These findings, outlined in a study to be released on Thursday by the Economic Innovation Group, a new nonprofit research and advocacy […]
Assisted Living, SNF Prices Reach Record Highs
The last year was marked by sky-high prices and low cap rates as reported by senior housing real estate investment trusts (REITs) in quarterly earnings calls, and now the numbers prove that perhaps they’ve been holding off on deals with reason. The average price for skilled nursing facilities soared to a new record of $85,900 per […]
We Risk Losing Out in Old Age If We Don’t Pay Attention to the Aging Network
Most American families and even health policy experts have never heard of the Aging Network (AN), a loosely organized, community-embedded aggregation of service organizations that provide elders with vital services such as housing repairs, food, and transportation. Yet this network is essential and fundamental to the health of our grandparents, parents, and, eventually, all of […]
Nudges Aren’t Enough for Problems Like Retirement Savings
Why don’t Americans save more for old age? Even when their employers promise to match their savings, workers often fail to salt away their earnings for the future, inexplicably leaving money on the table. Psychology has offered an answer: procrastination. And it has suggested a cure: rather than giving workers the choice to sign up […]
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