Even full-time paramedics and EMTs can’t afford decent homes. All over the US, people working in highly competitive jobs that require years of training are struggling to pay rent on modest homes.
One out of three American families rents their home. For the past decade, homeownership rates have steadily declined, and the number of renters has greatly increased. The supply of rental homes has not come close to keeping up with the growing demand.
AND 1 OUT OF 4 SPEND MORE THAN 50% OF THEIR INCOME ON RENT
Almost three quarters of the US population has under $1000 in savings, and a third has zero. For all of these families, a single unexpected medical expense, car repair—or a missed paycheck—could leave them without a home.
NUMBER OF AMERICANS EVICTED SO FAR IN 2019
Ten thousand Baby Boomers will retire every day for the next 15 years. Half will have no retirement savings. And most will live on Social Security, getting an average of $1,341 per month. That’s not enough to afford any kind of home, much less one that meets the special needs of the elderly. Tick tock.