Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 2, 2021 erstellt
Beschreibung:
This paper explores the mobility and residential choices of older adults, with a focus on the influence of their children’s location on those decisions. Using the geocoded Health and Retirement Study, we undertake a descriptive analysis of households’ residential experiences as they age, and statistically estimate the importance of individual, housing, and neighborhood factors on mobility decisions. We find that having adult children nearby reduces the propensity to move, with closer proximity having a stronger negative impact, up to a distance of 30 miles. In parallel, moving increases the likelihood of living closer to adult children and grandchildren, and the likelihood of receiving assistance from a child. Furthermore, households who move are more likely to locate in a dense zip code or a large metropolitan area when adult children live in such locations. These findings can inform policymaker decisions related to local housing supply, services, and infrastructure, and ultimately increase the likelihood that older adults have access to aging-appropriate homes and communities