Reverse Mortgage as Instrument for Public-private Partnerships in Support of Persons of Retirement Age

Andrey G. Semenyuk ()
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Andrey G. Semenyuk: JSC “Agency for Housing Mortgage Lending”

Finansovyj žhurnal — Financial Journal, 2015, issue 2, 98-102

Abstract: Based on the analysis of economic and demographic statistics the author of the article justifies the use of reverse mortgage as a private form of commercial support services to seniors. The advantages and risks of using the mechanism of reverse mortgages for Russian pensioners in comparison with the contract rent are described in the article. The brief recommendations for the implementation of this institution in the Russian economy and society on the basis of public-private partnerships are provided.

Keywords: social support for pensioners; social protection; reverse mortgages; poverty; pension; public-private partnerships (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:150211:p:98-102

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