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This paper describes the main characteristics of "reverse mortgage" and it also assesses the main aspects related to its implementation in Brazil. A reverse mortgage is an equity release product that allows old people to convert their housing asset into an income flow, without the requirement of...
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This paper describes the main characteristics of reverse mortgage and it also assesses the main aspects related to its implementation in Brazil. A reverse mortgage is an equity release product that allows old people to convert their housing asset into an income flow, without the requirement of...
Persistent link: https://www.econbiz.de/10010330955
different retirement regimes in Brazil by creating the variable Present Value of Work Contract (PVWC). This variable is a …
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