Older home owners who have more housing than they need yet also have difficulty meeting other basic needs-who are housing rich and income poor-may have the most incentive to adjust their housing conditions to augment their postretirement income. A test of a revised model of housing adjustment is presented that indicates that, indeed, such households are more likely to undertake both moving and nonmoving adjustments than are other households. The findings are used to assess the likely effects of two types of public programs on the choice of housing-adjustment mechanisms by older home owners.
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