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

Author

Listed:
  • Andrey G. Semenyuk

    (JSC “Agency for Housing Mortgage Lending”)

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.

Suggested Citation

  • Andrey G. Semenyuk, 2015. "Reverse Mortgage as Instrument for Public-private Partnerships in Support of Persons of Retirement Age," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 98-102, April.
    • Handle: RePEc:fru:finjrn:150211:p:98-102
    as

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