- Title
- Home equity conversion and the financing of long-term care.
- First Author
- Weinrobe, Maurice D
- Date of Pub
- 1988 Supp.
- Pages
- 113-115
- Volume
- Supp.
- Issue
- N/A
- Other Authors
- N/A
- Abstract
- Home equity conversion for the elderly is a means for elderly homeowners to draw down a portion of their accumulated wealth without having to sell their homes and/or move. The instruments to convert equity have substantial promise for matching the expenditure needs associated with long-term care services. There have been no formal attempts to pair these potential revenues and expenditures, but the revenue instruments are evolving to a point where such combinations are realistic and reasonable. This article describes why and how such a match might work.
- Abstract Continued
- N/A
- MeSH
- Aged : Financing, Personal/methods : Housing/economics : Human : Long-Term Care/economics : United States
- NTIS Number
- PB89-188494
