Korea Real Estate Review 2024 KCI Impact Factor : 0.38
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pISSN : 2092-5395 / eISSN : 2733-8339
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Impact of Proximate Residences of Children and Utilization Perception of Social Care Services on Residence Duration in Elderly Households
- Korea Real Estate Review
- 2024, 34(3), pp.29~46
- DOI : 10.35136/krer.34.3.2
- Publisher : korea real estate research institute
- Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate
- Received : May 20, 2024
- Accepted : September 20, 2024
- Published : September 30, 2024
Jeong, Bo Seon 1, Lee, Sang Youb 1
1건국대학교 부동산학과
Accredited
ABSTRACT
This study analyzed the relationship between children’s proximal living, use and recognition of social care services, and residence duration of elderly households. The study aims to better understand the implications of children living close to their parents and the utilization of social care services on the residential decision-making process of elderly households. It further aims to suggest policy implications to promote Aging in Place. We utilized KLoSA data from 2012 to 2020 and estimated hazard ratio using the Cox proportional hazard model for elderly households aged 65 and above living without children. The main findings are as follows: the risk rate during the residence period increased for households with restrictions on daily living functions, living on rent, and living in metropolitan areas. Meanwhile, households with more real net assets, children living nearby, and those utilizing social care services experience decreased risk. The study’s findings revealed that children living nearby is essential to support care and manage the quality of social care services. The appropriate use of home and community-based services enable older people to continue living in their own homes, delaying institutionalization and lowering public spending.
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