Ageing-in-place

Braam Lowies and Kurt Lushington

Chapter 25 in Research Handbook on Housing, the Home and Society, 2024, pp 387-411 from Edward Elgar Publishing

Abstract: In the coming decades, retirees will make up an ever-increasing proportion of the Australian population. They can also expect to live longer, and possibly longer than they have financially planned. Older Australians are typically characterized as ‘income poor, but asset rich’ and for most the primary asset is the family home. Most older Australians plan to age-in-place, but a concern held by many older Australians is how best to release equity without putting the family home at risk. This chapter will examine trends in ageing-in-place, its strengths and weaknesses, and the factors that affects older people to age-in-place. Furthermore, it will examine financial wellbeing and ageing-in-place with a specific lens on equity release products aimed at improving liquidity, their level of acceptance by older Australians, and safeguards or the lack thereof.

Keywords: Asian Studies; Development Studies; Economics and Finance; Geography; Politics and Public Policy Research Methods; Sociology and Social Policy; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781800375970.00033 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20205_25

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().