Aging and Disability: Implications for the Housing Industry and Public Policy in the United States
The elderly population of the United States is large and growing rapidly. In 2000 there were 35 million persons age 65+, comprising 12% of the total population. By 2050 this population is projected to exceed 86 million, almost 21% of the total. Since disability rates increase with age, the aging of the population will bring substantial increases in the number of disabled persons and have a significant impact on the demand for housing. In this paper, we collect information on physical disabilities, particularly as they relate to mobility limitations.