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Moving later in life – preferences and opportunity

Moving later in life – preferences and opportunity Statistics from Eurostat show that several European countries have an increasing proportion of elderly people, making their housing situation of increasing interest. For many years, it has been policy in Sweden to help elderly people remain in their current homes for as long as possible. This paper aims to find reasons why people want to move at different stages in life and investigate whether the pattern follows the life cycle in housing. Earlier research has been performed in the USA (Gibler and Clements III, 2011) and in China (Jia and Heath, 2016), but these questions remain understudied in Sweden.Design/methodology/approachA model of the demand for adapted houses is designed and tested on data gathered in Gävle in 2012. The method uses a binary choice model with stated preference data.FindingsThe results of this study show that earlier preferences and age determine the future living situation, but that senior living (rental or condominium) is most popular as a future home.Practical implicationsNot everyone has the economic resources to move according to their preferences; reasons include high monthly costs and taxes. Changes in the tax system may produce better moving chains and increase the supply of affordable housing.Originality/valueThe model in this paper could guide future studies within the area. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Housing Markets and Analysis Emerald Publishing

Moving later in life – preferences and opportunity

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References (37)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1753-8270
DOI
10.1108/ijhma-02-2018-0012
Publisher site
See Article on Publisher Site

Abstract

Statistics from Eurostat show that several European countries have an increasing proportion of elderly people, making their housing situation of increasing interest. For many years, it has been policy in Sweden to help elderly people remain in their current homes for as long as possible. This paper aims to find reasons why people want to move at different stages in life and investigate whether the pattern follows the life cycle in housing. Earlier research has been performed in the USA (Gibler and Clements III, 2011) and in China (Jia and Heath, 2016), but these questions remain understudied in Sweden.Design/methodology/approachA model of the demand for adapted houses is designed and tested on data gathered in Gävle in 2012. The method uses a binary choice model with stated preference data.FindingsThe results of this study show that earlier preferences and age determine the future living situation, but that senior living (rental or condominium) is most popular as a future home.Practical implicationsNot everyone has the economic resources to move according to their preferences; reasons include high monthly costs and taxes. Changes in the tax system may produce better moving chains and increase the supply of affordable housing.Originality/valueThe model in this paper could guide future studies within the area.

Journal

International Journal of Housing Markets and Analysis – Emerald Publishing

Published: Oct 30, 2018

Keywords: Life cycle; Elderly; Demography; Social housing; Stated preference; Adapted housing

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