Housing Preferences of an Ageing Population: Investigation in the Diversity Among Dutch Older Adults

35 Pages Posted: 31 Jul 2012

See all articles by Petra Jong

Petra Jong

University of Groningen

Jan Rouwendal

VU University Amsterdam - Department of Spatial Economics; Tinbergen Institute

Pascal Hattum

Utrecht University

Aleid Brouwer

University of Groningen

Date Written: July 16, 2012

Abstract

Mobility on the housing market strongly declines with age. In contrast to younger age groups, older adults show a tendency to ‘stay put’. There is little evidence whether this immobility of older adults is due to choice or to constraint. This study makes an empirical analysis of the underlying preferences for housing of Dutch older adults by reporting the stated preferences of Dutch older adults for bundles of housing characteristics. It offers insight in the relative importance of various aspects of housing and explores whether these preferences are stable for different age groups. The study found a strong preference for the current dwelling (i.e. staying put), especially for the older age groups. Running separate models for different age groups results in an improvement of the log likelihood, indicating the presence of heterogeneity among Dutch older adults. The heterogeneity among older adults is further analyzed by differentiating older adults on their attitudes and personality traits. This results in the identification of five groups of older adults who have (more or less) the same view, motivations and attitude with respect to housing. Between these five groups the heterogeneity in housing characteristics is apparent.

Keywords: elderly, housing, stated preferences, conjoint analysis, latent class analysis

Suggested Citation

Jong, Petra and Rouwendal, Jan and Hattum, Pascal and Brouwer, Aleid, Housing Preferences of an Ageing Population: Investigation in the Diversity Among Dutch Older Adults (July 16, 2012). Netspar Discussion Paper No. 07/2012-024, Available at SSRN: https://ssrn.com/abstract=2120458 or http://dx.doi.org/10.2139/ssrn.2120458

Petra Jong (Contact Author)

University of Groningen ( email )

P.O. Box 800
9700 AH Groningen, Groningen 9700 AV
Netherlands

Jan Rouwendal

VU University Amsterdam - Department of Spatial Economics ( email )

De Boelelaan 1105
1081HV Amsterdam
Netherlands

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Pascal Hattum

Utrecht University ( email )

Vredenburg 138
Utrecht, 3511 BG
Netherlands

Aleid Brouwer

University of Groningen ( email )

P.O. Box 800
9700 AH Groningen, Groningen 9700 AV
Netherlands

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