Nakajima, Makoto; Telyukova, Irina A. - 2019
Retired homeowners dissave more slowly than renters, which suggests that homeownership affects retirees' saving … decisions. We investigate empirically and theoretically the life-cycle patterns of homeownership, housing and nonhousing assets … considering homeownership, retirees' net worth would be 28-44 percent lower, depending on age …