1. Housing Decisions Through the Lifecycle Copyright 2011 © Texas Education Agency. All rights reserved. 1

2. Functions of Housing To meet the Physical needs of: Shelter – provide protection from weather and other dangers Copyright 2011 © Texas Education Agency. All rights reserved. 2

3. Functions of Housing Safety – protects from accidents, injuries and crimes Space for possessions – a place to put your personal things Copyright 2011 © Texas Education Agency. All rights reserved. 3

4. Functions of Housing To meet the Emotional Needs of: A Sense of Belonging – a place to unwind and be yourself Privacy – a place of your own to have your personal belongings Copyright 2011 © Texas Education Agency. All rights reserved. 4

5. Functions of Housing Individuality – express your personality Values and Goals – reflects what is important to you. Copyright 2011 © Texas Education Agency. All rights reserved. 5

6. Functions of Housing To provide for the Social Needs of: Space for activities – a place for cooking, bathing, entertaining, working, exercising and talking. Copyright 2011 © Texas Education Agency. All rights reserved. 6

7. Housing Through the Lifecycle Single Adult going to college – a dorm room or an apartment getting a job – an apartment by oneself or with a roommate (efficiency, one or two bedroom) Copyright 2011 © Texas Education Agency. All rights reserved. 7

8. Housing Through the Lifecycle Beginning Stage Married Couple – No Kids An apartment – one or two bedroom; rent Purchase a small starter home – two bedroom Purchase a condominium or cooperative apartment Copyright 2011 © Texas Education Agency. All rights reserved. 8

9. Housing Through the Lifecycle Expanding Stage Couples with children –babies to age 6 Two to three bedroom home or apartment – children of the same sex may share a room. May purchase or rent a home Copyright 2011 © Texas Education Agency. All rights reserved. 9

10. Housing Through the Lifecycle Developing Stage Couple with children 6 to 20 years old May rent or purchase a home or apartment Number of bedrooms depends on the children – most families like to give each child their own room. The need for additional bathrooms in the home Copyright 2011 © Texas Education Agency. All rights reserved. 10

11. Housing Through the Lifecycle Launching Stage Couples with children leaving home Need for space decreases, as many children take their belongings with them. Couples may look for a smaller size home Copyright 2011 © Texas Education Agency. All rights reserved. 11

12. Housing Through the Lifecycle Aging Stage From time of retirement until death of both spouses May move to a smaller home or a retirement community Copyright 2011 © Texas Education Agency. All rights reserved. 12

13. Housing Through the Lifecycle May need assisted living to help with daily routines Some stay in present home, so as to have room when children come to visit Copyright 2011 © Texas Education Agency. All rights reserved. 13