instruments. The evidence suggests that the typical elderly family does not wish to reduce housing wealth to increase current …We have described the relationship between family attributes and moving, and between moving and change in housing … wealth. Moving is often associated with retirement and with precipitating shocks like the death of a spouse or by other …

instruments. The evidence suggests that the typical elderly family does not wish to reduce housing wealth to increase current …We have described the relationship between family attributes and moving, and between moving and change in housing … wealth. Moving is often associated with retirement and with precipitating shocks like the death of a spouse or by other …

would increase the liquid wealth of most elderly families by a large fraction. Thus legislation that would facilitate the … low-income elderly have relatively little housing wealth …