ID:45
Title:Final Report: Unlocking Housing Equity in Japan - http://www.esri.go.jp/jp/prj-rc/macro/macro14/01nber_t.pdf
Pagerank:3
Description:This report examines the feasibility of developing a market for reverse mortgages (RMS)in Japan. Though these financial products are not widely understood, we suggest that RMs have the potential to significantly ease the fiscal bur den which demographic transition is placing upon traditional state-funded retirement provision, both in Japan and elsewhere. Nevertheless, these products will be appealing only when the regulatory infrastructure within which they operate is appropriately developed.
Category:Other Countries: Japan
Link Owner:Economic and Social Research Institute Cabinet Office, Government of Japan
Date Added:December 29, 2006 01:03:35 AM
Number Hits:3
 

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