Tag: homeowners
I sat next to a Brit the other day. At one moment, the discussion was focused on insuring against long-term care needs and the advantages of using the house as a source of retirement income. The next moment the conversation turned to the Brexit mess. The link between the two was a part of t…
Abstract The lore on whether older Americans move is mixed. While the familiar stereotype is that retirees flock to Florida or Arizona, prior studies have found that their home equity rises modestly over time, suggesting that they tend to stay put. This paper examines moving trends, determinants, and consequences using the original cohort of t…