Panel: Housing and the Well-Being of Senior Households
(Housing and Community Development)

Thursday, November 3, 2016: 1:15 PM-2:45 PM
Embassy (Washington Hilton)

*Names in bold indicate Presenter

Panel Organizers:  Stephanie Moulton, The Ohio State University
Panel Chairs:  Rodney Harrell, AARP Public Policy Institute
Discussants:  James Miner, Consumer Financial Protection Bureau

Housing is a critical component of the well-being for senior households. Not only is housing often the single largest item in a household’s budget, but it also affects the quality of life through its function as both a financial asset (for homeowners) and as a place to live (the built environment). Facilitating the link between housing and financial well-being is a critical objective for public policies targeting seniors in the United States. With the aging of the population, where nearly 10,000 baby boomers turn 62 each day, understanding this link becomes ever more important. The ability of senior homeowners to “age in place” and live independently can reduce the burden on governments and other government programs such as Medicaid and Social Security. The purpose of this panel is to inform future policies that may affect the link between housing and senior well-being.

Understanding the Residential Location Choices of Older Adults
Jaclene Begley, Ryerson University and Sewin Chan, New York University



Drivers of Future Housing Demand Among Older Adults and Implications for Housing Supply
Christopher Herbert, Jennifer Molinsky and Daniel T. McCue, Harvard University



How Home Equity Extraction and Reverse Mortgages Affect the Financial Well-Being of Senior Households
Sam Dodini1, Stephanie Moulton2, Donald Haurin2 and Maximilian Schmeiser3, (1)Federal Reserve Board, (2)The Ohio State University, (3)Amazon



Can You Afford to Go Back Home? Assessing the Effect of the Housing Market on Nursing Home Diversion Programs
Nikolay Anguelov, University of Massachusetts, Dartmouth and Adam Frank, Massachusetts Executive Office of Elder Affairs




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