The analysis is primary based on the national American Housing Survey (AHS) data for the period 1995 through 2003. In some cases, the research was extended to include the national level AHS data for 1985 onwards. One of the challenges to this effort is how to define elderly housing consumption. As will be discussed in the literature summary below, there are a number of standard assumptions but several of these will merit a brief discussion prior to our highlighting the different research. Who is “elderly?” Without a standard definition, researchers have defined elderly slightly.