Soaring house prices create a new crisis in Australia

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During Australia's last census, researchers noted a rapid rise in the number of older homeless women -- up 31% in five years -- and there's no sign the trend has slowed down since.

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Gold Coast, Australia Faye sits on a couch, her long hair twisted into a gray braid that comes down to her waist. Her pale blue eyes fill with tears as she describes how she became homeless and her terror of what may happen if she's not able to find a permanent place to stay."I'll be happy if I can just get a little roof over my head," Faye says, pausing to correct herself."A safe roof over my head.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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This is happening in the US too. Many of us retired women are living on a fixed income (SS only), but with prices of rent and everything, we do not have the income to live. Cut costs, looking for job at 70, but no one cares.

What about the homeless men, or don't they matter?

A homeless person costs the taxpayer an average of $35,578 per year. A study shows how average costs are reduced by 49.5% when they are placed in supportive housing. Supportive housing costs on average $12,800, making the net savings roughly $4,800 per year.F

Australia has a LOT of room to grow. Give granny a place to live. I've been told it's cheaper than having them be homeless, 1/

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