Aging in place or moving on? Exploring older homeowners’ housing situation in the context of housing market dynamics and policy incentives

Housing preferences in later life vary, and housing decisions are complex. While much attention has been paid to health and accessibility, less is known about how financial factors influence housing decisions among older homeowners. This qualitative study aimed to deepen understanding of how single-family homeowners aged 55 and older reason about their housing situation. We conducted focus groups with 30 participants from four Swedish municipalities, selected for their distinct demographic and housing market characteristics. Content analysis revealed a central theme: The many benefits of living in the current house outweigh economic and local housing market challenges. This theme emerged from four categories: (1) Desire to stay in place; (2) Discrimination toward older homeowners; (3) Local and national housing market conditions; (4) Reflecting on the future housing situation. The study demonstrates that preferences for aging in place are shaped by health status, emotional attachment, and financial concerns. Participants often viewed relocation as financially disadvantageous, and a limited supply of suitable housing and perceived lack of political prioritization further constrained their possibility of moving. These findings suggest a potential mismatch between housing policy goals and homeowners’ preferences, underlining the need for planning strategies that reflect local realities and support aging in place.