The increase in single-family detached housing for those aged 62 and older during the 1985 through 2003 period may be highlighting the “aging in place” choice discussed in the literature. Based on the age groups’ rates in 1985, the group aged 45 to 54 would be expected to move out of single-family detached ( percent to percent). The actual change, however, was much lower – ., percent to percent. Other factors may be drivers as well, however – ., single-family homes became increasingly affordable as interest rates fell. The shift from apartments, which tend.
