The U.S. Department of Housing and Urban Development is calling for action to reduce injuries to seniors living at home. In a new wide-ranging report, they hope to focus attention on the rapidly growing problems of senior falls and fall prevention. The report found that while extensive research on specific fall prevention and strategies and their effectiveness exists, there was a significant gap on how to overcome obstacles to improve policies and programs designed to reduce senior falls. This is definitely a need that real estate investors can help meet in the marketplace.
“Approximately one-third of adults age 65 years or older fall in their home, resulting in injury, long-term disability and premature institutionalization. By 2020, the Centers for Disease Control and Prevention estimates the cost related to these kinds of injuries to be nearly $60 billion a year.”