Centre for Policy on Ageing



Senior housing — an intergenerational solution
Author(s)	Roger J Brown, Ying Zhang
Journal title	Journal of Housing for the Elderly, vol 20, no 1/2, 2006
Pages	pp 75-96
Source	http://www.tandfonline.com
Keywords	Housing [elderly] ; Living patterns ; Family relationships ; Mortgages ; Mathematical models ; United States of America.
Annotation	Classic views of older people's housing choice have correctly noted that household family size shrinks with age, and that resources devoted to housing consumption by older people can then be redirected to other areas. The debate is about the best way to undertake this change. Moving in with younger family members is often discussed but nearly as often dismissed as unsuitable for a host of reasons; nonetheless, it must be included in the mix of options. This study looks at an intergenerational solution to the housing problem facing older people. It describes how a unique combination of family systems, property rights, investment goals, and tax benefits can produce optimal solutions for some families. A theoretical model is presented wherein an older family member optimises health, housing and bequest options, while at the same time in the same transaction a younger family member seeks an optimal investment. (RH).
Accession Number	CPA-070413223 A
Classmark	KE: K7: DS:SJ: WQA: 3LM: 7T
Data © Centre for Policy on Ageing

...from the Ageinfo database published by Centre for Policy on Ageing.