Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.
With the first age-restricted community appearing in the mid-20th century, the appeal has grown tremendously. Today, millions of seniors and empty-nesters are choosing these vibrant neighborhoods, prompting the important question: Why does 55+ housing exist?
While the median age of first-time home buyers in the US is 33, people are now waiting longer to make a purchase. For those over 70, this raises the question: does it make sense to buy a house at age 70? The answer depends on individual circumstances, but it is certainly a valid consideration for many retirees.
According to the Equal Credit Opportunity Act, lenders cannot discriminate based on age when evaluating a mortgage application. However, getting a home loan in your 70s depends on your financial picture and long-term goals, making the question **is it wise to buy a house at 70 years old?** a complex one.
According to Investopedia, while many retirees prefer homeownership, renting can offer flexibility and freedom from maintenance concerns, especially on a fixed income. For those facing the critical choice, exploring the full scope of financial and lifestyle factors is essential when considering if it is better to rent or buy at age 70.
According to the latest social housing lettings data, hundreds of thousands of households in England received a new social letting last year. The process can be complex, so understanding exactly who qualifies for social housing in the UK is the first, vital step.
