Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/170488 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
Thünen-Series of Applied Economic Theory - Working Paper No. 146
Versionsangabe: 
Revised version October 2017
Verlag: 
Universität Rostock, Institut für Volkswirtschaftslehre, Rostock
Zusammenfassung: 
Equity release schemes (ERS) may provide pension insurance by liquidating owner-occupied residential property. This paper examines the available data on market conditions for such products in all EU member states to cluster countries. Need for ERS is measured by demographic pressure, risk of poverty for the elderly and pension adequacy. Feasibility of ERS is measured by property and mortgage market indicators. Comparing overall need and feasibility index values we find that market conditions are very heterogonous in EU member states. For instance, while the Netherlands and the UK exhibit favourable ERS conditions, the opposite applies for Germany and Ireland. Hungary and Italy lie in between.
Schlagwörter: 
ageing
equity release
pensions
homeownership
housing
reverse mortgage
JEL: 
D1
G1
J1
R2
R3
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
474.05 kB





Publikationen in EconStor sind urheberrechtlich geschützt.