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This project drew on an extensive survey of nearly 7 000 older Australians (aged 50 years and over) talking about their intentions for future housing, inheritance, and legacies for their children. The research found that there is a clear relationship between housing tenure and age and people's desire to age in place or move in the future. Home ownership is a conduit to greater possibilities of self-determination of an older person's future lifestyle choices. The most significant feature of the responses of older Australians was their desire to have a sense of flexibility with regard to their lifestyle intentions during the last years of their life. Other emerging issues from the research that the attitudes of many men and women towards inheritance have shifted from what previously would have been considered the right thing to do in terms of obligations and responsibilities to their children.
http://www.ahuri.edu.au/publications/projects/p70223/