Eres : Digital Library : Works

Paper eres2017_246:
Housing at the later stages of life

id eres2017_246
authors Theisen, Theis
year 2017
title Housing at the later stages of life
source 24th Annual European Real Estate Society Conference in Delft, Netherlands
summary When individuals are ageing, they may lose some of their functional abilities. This may have important consequences for their optimal form of housing arrangement. We set up a theoretical model for the optimal choice of housing in the later part of life. In the empirical part of the paper we estimate a multinomial logit model for choice of housing. Four modes of housing are distinguished: ordinary private housing, specially designed private housing, sheltered dwellings, and nursing homes. The model is estimated from a nation-wide Norwegian sample containing all individuals who have had some problems related to functionality. All households not included in the sample reside in ordinary private dwellings. We find a strong impact of weak functional abilities on the choice of housing, but the capacity of the nursing home sector and specially designed dwellings also plays an important role. Moreover, municipality-specific affects are important.
keywords Housing; Optimal mod of housing; Nursing homes;; Sheltered dwellings
series ERES:conference
type paper session
discussion No discussions. Post discussion ...
ratings
session Housing Markets & Economics
last changed 2017/11/18 16:20
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