For Detroit homeowners over 65 who overwhelmingly live on fixed incomes, unexpected costs – increases in grocery prices, rising health care premiums or an emergency repair – heighten their risk of financial instability and can even lead to them falling into poverty.
I am a policy researcher at Poverty Solutions at the University of Michigan. Our initiative uses action-based research, an approach that seeks to understand real-world problems and inform policy changes that could make life work better for people with low incomes. The center recently examined data from the 2023 American Community Survey to explore how low-income seniors in Detroit are affected by declining housing values and high housing costs compared to seniors across Michigan.
