Booms and Busts in Housing Market and Health Outcomes for Older Americans.

ABSTRACT:

Background and objectives

The US housing market has experienced considerable fluctuations over the last decades. This study aimed to investigate the impacts of housing price dynamics on physical health, mental health, and health-related behaviors for older American outright owners, mortgaged owners, and renters.

Research design and methods

We drew longitudinal data from the 1992-2016 Health and Retirement Study and merged it to the 5-digit zip code-level Housing Price Index. The analytic sample comprised 34 182 persons and 174 759 person-year observations. We used a fixed-effects model to identify the health impacts of housing price dynamics separately for outright owners, mortgaged owners, and renters.

Results

A 100% increase in Housing Price Index was associated wit

SUBMITTER: Yue D 

PROVIDER: S-EPMC8152867 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature