|Vol. 2, No. 22007
|JEL classification: R21, J14, R5
Author: Jane Humphreys
Seniors may find it hard to “age in place” as they grow older because of a growing disparity between the features of the houses they own and the housing they need. The resulting change in demand for housing products and services is of particular significance in upstate New York, where the majority of seniors are homeowners and the housing stock is dominated by older, single-family homes.