The Equity Bank (Government-Funded Equity Release Scheme) may not be the best idea but at least the UK Government is engaged in the Equity Release discussion!
What will it take for the Australian Government to Step Up?
The Productive Ageing Centre today released its research into the attitudes of Senior Australians towards downsizing their home.
Equity Release offers the choice to “Stay in Place”.
Baby Boomers who bought houses in the 60s, 70s and 80s have lived for free, with capital appreciation far out-stripping the cost of their mortgage. Their children will not be as fortunate. This cannot be the right outcome for a fair society.
If the Baby Boomers were “Handed Free Housing”, will they “Give with a Warm Hand”?
Equity Release is an opportunity to resolve Next-Gen disadvantage.