Numbers of Homeless Elderly Expected to Increase

Younger members of the boomer generation (born between 1955-1965) continue to make up the dominant homeless population in the United States. While the first half of the boomer generation entered adulthood on the wings of economic prosperity, those born during the second half, faced entirely different circumstances. They struggled with housing and labor markets crowded by their generational predecessors. Higher home prices and lower wages fueled a lopsided competition that made it difficult for the poor and less educated to gain a foothold in the economy.