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Housing Costs and the Elderly

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  • Michael E. Gleeson

Abstract

Estimates are made of changes in average housing costs and average family incomes for non‐moving elderly homeowners and renters over the period 1972–80. Findings suggest that: rental costs are higher in each time period than are homeownership costs; evidence of serious deterioration in affordability of housing is weak, when looking at aggregate price/income ratios; and it is clear that elderly renters are more seriously disadvantaged in housing affordability than are elderly homeowners at every time period.

Suggested Citation

  • Michael E. Gleeson, 1980. "Housing Costs and the Elderly," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 8(4), pages 387-394, December.
    • Handle: RePEc:bla:reesec:v:8:y:1980:i:4:p:387-394
    DOI: 10.1111/1540-6229.00223
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