Mortgage Borrowing and Chronic Disease Outcomes in Older Age: Evidence From Biomarker Data in the Health and Retirement Study.
Alec P RhodesStephanie MoultonCäzilia LoiblDonald HaurinJoshua J JosephPublished in: The journals of gerontology. Series B, Psychological sciences and social sciences (2024)
Many older adults are not able or willing to liquidate housing wealth, and the ability to borrow also depends on changes in home values. Thus, housing wealth is not a uniform social determinant of health but is shaped by older adults' participation in financial markets.