MOBILITY PATTERNS OF HOMEOWNERS OLDER HOMEOWNERS - ARE OLDER HOMEOWNERS TRAPPED IN DISTRESSED NEIGHBORHOODS

Using multiyear data from the Panel Study on Income Dynamics gee-code match file, the authors confirm that older homeowners were substantial ly less likely to move during the 1970s than younger homeowners. But u nlike younger homeowners, older homeowners were also less likely to mo ve from a distressed neighborhood than from a secure one. Of the popul ation of older homeowners alive in 1980 who had lived in a permanently distressed neighborhood in 1970, only about 1 in 10 had moved to a se cure neighborhood in the intervening 10 years. Younger homeowners in s imilar neighborhoods were three times more likely to have done so.