摘要: With the ageing of European population, housing choices large elderly cohorts will have consequences on whole market. This article combines micro data from two waves Survey Health, Ageing and Retirement in Europe (SHARE) with macro policy to analyse residential mobility decisions 11 countries. Residential is low, but we find some evidence that those who move old age tend reduce consumption investment by going owning renting. 'downsizing' positively linked capital gains, while existence reverse mortgages a country reduces it. We also nursing homes between private respond different incentives motivations. (JEL codes: D10, R21, R28).
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