The paper investigates what economic factors contribute most to the uptake of reverse mortgage by the Indian elderly homeowners. Binary logistic regression is used on a cross-sectional primary dataset of 410 elderly homeowners residing in different metro and non-metro cities of India. The result...

A sharp debate in the context of life cycle literature is whether older homeowners look at their housing wealth as a means to satisfy post-retirement income needs. Little empirical evidence exists in the Indian context which investigates whether Indian older homeowners save or dissave home...