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    Elder care?

    By Jeremy | July 24, 2006

    Urban ministry types have been wrestling with the disruptive effects of gentrification on our communities for years. Yet I've never really thought about its impact specifically on seniors and others with fixed incomes. The AARP offers this in their latest Bulletin:
    "When I found this place, I thought good luck was shining down on me," says one tenant in her 90s, who asked not to be named. "But this? Can you imagine me taking out a mortgage at my age?"

    Topics: community, economics, gentrification, politics, urban | 1 Comment »

    One Response to “Elder care?”

    1. Bob Says:
      July 24th, 2006 at 11:01 pm

      This spring I became certified by the AARP to do reverse mortgage counseling. My little bit of experience has shown me that getting old is a very, very expensive proposition.