U.S. Boomers′ Lifestyle and Residential Preferences for Later Life. Issue 2 (1st May 2016)

• Record Type: Journal Article
• Authors: Kwon, Hyun Joo; Lee, Hyun-Jeong; Beamish, Julia O.
• Is Part Of: Journal of Asian architecture and building engineering. Volume 15:Issue 2(2016)
• Page Start: 255
• Page End: 262
• Publication Date: 2016-05-01
• Subjects: Boomer -- later life -- lifestyle -- future housing preferences -- USA; Structural engineering -- East Asia -- Periodicals; Architectural design -- East Asia -- Periodicals; Architectural design; Structural engineering; Periodicals; Electronic journals; 720.95
• DOI: 10.3130/jaabe.15.255
• Languages: English
• ISSNs: 1346-7581

Abstract

Abstract: The purpose of this study was to identify U.S. Boomers′ lifestyles and their future housing preferences, and to examine the relationship between the lifestyles and future housing preferences. A total of 403 usable data were collected through an online survey using a self-administrated questionnaire. Factor analysis and structural equation modeling were used to analyze the data. Four Boomers′ lifestyles (the Beautiful Home, the Economical, the Engaged, and the Family Centric) and four housing preferences for later life (the Supportive Housing, the Apartment Rental, the City Townhouse, and the Country House) were identified and the significant relationships between lifestyles and housing preferences were found. The results of this study provide a better understanding of U.S. Boomers′ future housing preferences for their later life according to their lifestyles. This study has several implications for housing development, management and marketing.