The Housing Decisions of Elderly Homeowners

Download or read book The Housing Decisions of Elderly Homeowners written by Peter G. VanderHart and published by Routledge. This book was released on 1995 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moving to a larger or smaller house, becoming a renter, moving to dependent arrangements, and acquiring additional mortgage debts are among the choices facing elderly Americans who own their own homes. Three data sets are analyzed to provide a mathematical profile of the relative importance of various financial and demographic factors in the decision. Finds that marital, retirement, and disability status are more important than home equity, financial assets and income; and suggests that public policies meant to help the population probably have no significant effect. Annotation copyright by Book News, Inc., Portland, OR