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Reverse Mortgage Info Knowledgebase » Listing Details |
| ID: | 44 |
| Title: | Housing Wealth and Retirement Savings: Enhancing Financial Security for Older Americans - http://www.jchs.harvard.edu/publications/finance/w05-8.pdf |
| Pagerank: | 5 |
| Description: | This paper is divided into three main sections and a conclusion. The first section discusses recent trends in wealth accumulation with a particular focus on the accumulation of housing wealth by older households. The next section examines the impact of housing wealth on consumption and investment activities, and demonstrates that for most households, homeownership opens up new pathways for additional wealth accumulation. Given the fact that housing wealth is the largest component of wealth for most households, the paper then turns to a discussion of the several significant risks that threaten to undermine the benefit that older Americans derive from accumulated housing wealth. The concluding section offers some brief observations on policy approaches designed to enhance the ability of housing wealth to add to the financial security of older people. |
| Category: | Academic Research: Reverse Mortgage: General Retirement Issues |
| Link Owner: | Joint Center for Housing Studies Harvard University |
| Date Added: | December 29, 2006 12:51:08 AM |
| Number Hits: | 5 |
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