Asset-rich and cash-poor: Which older adults value reverse mortgages?

• Main Authors: FONG, Joelle H., MITCHELL, Olivia S., KOH, Benedict S. K.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2023
• 主題: home-ownership; housing wealth; financial literacy; retirement policy; Singapore; Asian Studies; Finance and Financial Management; Gerontology; Real Estate
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/6997; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7996/viewcontent/Asset_rich_and_cash_poor_pvoa.pdf; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7996/filename/0/type/additional/viewcontent/S0144686X21001045sup001.pdf
• 機構: Singapore Management University

Home equity represents a substantial share of retirement wealth for many older persons, particularly in Asia where national housing policies have encouraged home-ownership. This paper explored the potential for reverse mortgages to help 'asset-rich and cash-poor' older Singaporeans unlock...