Housing equity and household consumption in retirement: Evidence from the Singapore Life Panel©

• Main Authors: CHEN, Lipeng, JIANG, Liang, PHANG, Sock Yong, Jun YU
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Housing wealth; elderly households; housing equity withdrawal; Singapore; Asian Studies; Behavioral Economics; Public Economics; Real Estate
• Online Access: https://ink.library.smu.edu.sg/soe_research/2417; https://ink.library.smu.edu.sg/context/soe_research/article/3416/viewcontent/Housing_equity_and_household_consumption_in_retirement_sv.pdf
• Institution: Singapore Management University

Housing affordability for elderly homeowners involves an entirely different set of issues as compared to housing affordability for first-time homeowners. To afford to ‘age-in-place’ may require homeowners to access channels that enable them to withdraw their housing equity to finance consumption in...