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.
Full Citation
Mayer, Christopher and Katerina Simons. “Reverse Mortgages and the Liquidity of Housing Wealth.”
AREUEA Journal
vol. 22,
(January 01, 1994): 235-55.