Why do elderly households decide to move?



Year of publication 2017
Type Article in Proceedings
Conference Proceedings of the 21st International Conference: Current Trends in Public Sector Research
MU Faculty or unit

Faculty of Economics and Administration

Field Economy
Keywords housing; elderly; choice; factors; logistic regression
Description Demographic trends in the developed countries lead to a larger proportion of elderly households in the society. When shaping the appropriate public policy, both decision makers and academics in the field realise, that our knowledge of the behaviour of this type of households is limited. The paper tries to address the topic and evaluates the motives for the housing mobility of elderly households. Using sample set of the Czech households in the period 2009-2012, we analyse the motivations for deciding whether to move house or age in place. Our results show that elderly households prefer homeownership to rental housing and do move even less frequently than other Czech households. Primary motives for moving the house are family reasons. During the analysed period, however, financial reasons for moving come into the discussion. On the other hand, the quality of housing or (un)availability of services seems not to be an incentive for moving.
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