Aging in Place: Older Americans Invest in Home Accessibility Amid Rising Costs

As housing prices soar, many seniors choose to retrofit their homes for accessibility, creating a booming market for specialized renovations.

Brenda Edwards and others like her spend significant sums to modify homes, ensuring they remain livable as mobility decreases.
Home improvement chains such as Home Depot and Lowe's respond to increased demand with products aimed at older demographics.
Economic factors like low mortgage rates and high property costs discourage moving, compelling many to stay put and renovate.
Income disparities create challenges for lower-income seniors, highlighting a need for policy interventions in affordable, accessible housing.
The aging U.S. population, expected to outnumber those under 18 by 2034, underscores the urgency of preparing homes for senior living.