Christopher Mayer

Reverse Mortgages and the Liquidity of Housing Wealth

Coauthor(s): Katerina Simons.

Abstract:
Analyzes the potential of reverse mortgages to increase the income and liquid wealth of the elderly by identifying households with relatively high levels of housing equity. Definition; Review of related literature; Descriptive statistics; Reverse mortgage simulations; Barriers to acceptance of reverse mortgages.

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