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“From 2019 to 2024, we experienced a 67% decrease in inventory of homes for sale. At the same time, median list prices in Illinois increased by 26%,” Pritzker said last month.
Americans are getting older, but our housing options aren’t keeping up. That’s the premise of a new report from AARP, which found that most people want to stay in their homes and their ...
“For those individuals who haven’t been able to successfully save in their 401(k) or company retirement plan, when they look at end-of-life decisions and long-term care, that home is going to ...
Elder law is an area of legal practice that specializes on issues that affect the senior population. Some say the purpose of elder law planning is to prepare the elderly person for financial freedom and autonomy through proper financial planning and long-term care options. [1]
Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
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Davis notes that Illinois is among the states with the highest tax burdens. He also noted a recent Governor’s Office of Management and Budget report showing the coming fiscal year that starts ...