IDEAS home Printed from https://ideas.repec.org/p/crr/crrwps/wp2023-16.html
   My bibliography  Save this paper

Shared Households as a Safety Net for Older Adults

Author

Listed:
  • Hope Harvey
  • Kristin L. Perkins

Abstract

With a record number of older adults facing housing affordability challenges, shared households may provide an important private housing safety net if other household members contribute to housing costs. Using data from the Survey of Income and Program Participation, we describe the prevalence and characteristics of older adults’ shared households (defined as those that include any adult besides the householder and householder’s romantic partner). This includes intergenerational households and co-residence with other extended family and non-kin. We explore the safety net function of shared households by examining whether and how much older adults contribute towards shared housing costs, and how this varies across household types. These descriptive analyses improve our understanding of the composition and potential financial impacts of shared households for older adults.

Suggested Citation

  • Hope Harvey & Kristin L. Perkins, 2023. "Shared Households as a Safety Net for Older Adults," Working Papers, Center for Retirement Research at Boston College wp2023-16, Center for Retirement Research.
  • Handle: RePEc:crr:crrwps:wp2023-16
    as

    Download full text from publisher

    File URL: https://crr.bc.edu/shared-households-as-a-safety-net-for-older-adults-paper/
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:crr:crrwps:wp2023-16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Amy Grzybowski or Christopher F Baum (email available below). General contact details of provider: https://edirc.repec.org/data/crrbcus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.