An Analysis of Home Equity Conversion in the RAM Program
- 1 June 1987
- journal article
- Published by Wiley in Real Estate Economics
- Vol. 15 (2) , 65-78
- https://doi.org/10.1111/1540-6229.00419
Abstract
Home equity conversion by elderly homeowners is described and analyzed. The transactions were completed under the California RAM Program. One hundred twenty‐six of 345 applicants elected to enter into reverse mortgages or sale‐leasebacks. Data from interviews conducted as part of the application/counseling process are analyzed to discern the most important variables in the equity conversion decision.Keywords
This publication has 2 references indexed in Scilit:
- Home Equity Conversion Instruments with Fixed Term to Maturity: Alternatives to End of Term Pay-OffReal Estate Economics, 1983
- A Test of Downsian Voter Rationality: 1964 Presidential VotingAmerican Political Science Review, 1978