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Does Downsizing of Housing Equity Alleviate Financial Distress in Old Age?

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Abstract

Reasons for residential moves vary across the life-course. While deteriorating health and increasing needs for support by children have been suggested to be the main motivations for moves in later life, one as yet under-investigated reason might be the wish to reduce home equity, thus alleviating financial distress in old age.

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References

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Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  • Viola Angelini
    • 1
  • Agar Brugiavini
    • 2
  • Guglielmo Weber
    • 3
  1. 1.Department of Economics, Econometrics and FinanceUniversity of GroningenGroningenThe Netherlands
  2. 2.Dipartimento di Scienze EconomicheUniversità Ca’ Foscari VeniceVeniceItaly
  3. 3.Dipartimento di Scienze Economiche “Marco Fanno”Università di PadovaPadovaItaly

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