Tag: Housing

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Introduction With the leading edge of the baby boom generation reaching retirement age, decision makers need a comprehensive understanding of their social, economic, and health characteristics – both in terms of resources and needs – in order to adopt effective public policies and private services to meet the needs of an aging population.  One area…

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The brief’s key findings are: Regional variations in U.S. house prices provided a natural experiment to test how price changes influence household spending. Households age 51 and over who saw rapid growth in house prices increased their spending on non-durables (e.g., meals out, vacations, and entertainment). The annual increase was modest but, if sustained over…