If you are a senior living on a fixed income in Georgia, the rental market may feel like it is tightening around you. Housing costs continue rising faster than Social Security benefits. Consequently, many older adults face a severe financial edge. It is not your fault that the cost of living has surged.
However, you are the one absorbing the impact. Georgia lawmakers are currently debating House Bill 1019, also known as the Senior Stabilization Act. This bill would limit how much landlords can raise rent for certain seniors. Let us look at what the bill actually does and what it could mean for your stability.
