There are many reasons older people think about giving up their homes. The house and yard are more than they want to maintain. The house is just too quiet. Living alone in the old neighborhood is isolating and inconvenient.
Health problems make independent living a struggle.
Finances have grown tight. These are just some of the reasons older people may want to re-evaluate their housing situation and consider alternatives. While ultimately the decision must be that of the parents, adult children can help their parents review the options and decide what choice might work best. There are many housing possibilities for older adults, and they are constantly changing. Or With Minimal Assistance Home Modification.