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Exploring the Factors Influencing Kaohsiung Residents’ Intentions to Choose Age-Friendly Housing

Author

Listed:
  • Kun-Kuang Wu

    (Department of Real Estate Management, National Pingtung University, Pingtung 90004, Taiwan)

  • Chun-Chang Lee

    (Department of Real Estate Management, National Pingtung University, Pingtung 90004, Taiwan)

  • Chih-Min Liang

    (Department of Public Finance and Tax Administration, National Taipei Univeristy of Business, Taipei City 10478, Taiwan)

  • Wen-Chih Yeh

    (Department of Real Estate Management, HungKuo Delin University of Technology, New Taipei City 23654, Taiwan)

  • Zheng Yu

    (Department of Real Estate Management, National Pingtung University, Pingtung 90004, Taiwan)

Abstract

Taiwan’s declining birthrate has changed the housing market, which should become more consumer-oriented in the future. In particular, age-friendly housing has become a salient housing choice among buyers. Age-friendly housing consists of housing units that are suitable for occupants of any age. There are three concepts underlying such housing: aging in place, multigenerational-multiunit living arrangements, and lifetime homes. This study aimed to examine the factors affecting consumers’ choice of age-friendly housing. The participants were residents of Kaohsiung City, and data analysis was performed using a binary logistic model. The empirical results indicated that adult sons/daughters, residents who currently live in the city center, residents who have a high or medium monthly family income, residents who are currently part of a stem family, residents who desire to live under multigenerational-multiunit living arrangements, residents who desire to be a part of a stem family, and residents who prioritize housing type when house-buying are significantly more likely to choose age-friendly housing. These results can serve as a reference regarding age-friendly housing investments for investors, as well as for house buyers who are deliberating between age-friendly housing and ordinary housing.

Suggested Citation

  • Kun-Kuang Wu & Chun-Chang Lee & Chih-Min Liang & Wen-Chih Yeh & Zheng Yu, 2020. "Exploring the Factors Influencing Kaohsiung Residents’ Intentions to Choose Age-Friendly Housing," IJERPH, MDPI, vol. 17(21), pages 1-21, October.
    • Handle: RePEc:gam:jijerp:v:17:y:2020:i:21:p:7793-:d:434254
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    References listed on IDEAS

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