Sinai, Todd M. (contributor); … - 2007
housing equity would imply. The available
loan amount generally increases with a household’s age, since the lender has less … equity that the median 90-year-old household could consume would be 89 percent of
housing equity, or about $103,000. But for …
standard measure of net worth. At age 90, the median household could consume only 91 percent
of standard net worth.
This …