Pensions and housing wealth: Quantitative data on market conditions for equity release schemes in the EU

Arbeitspapier

Equity release schemes (ERS) may provide pension insurance by liquidating owner-occupied residential property. This paper examines the available data on market conditions for such products in all EU member states to cluster countries. Need for ERS is measured by demographic pressure, risk of poverty for the elderly and pension adequacy. Feasibility of ERS is measured by property and mortgage market indicators. Comparing overall need and feasibility index values we find that market conditions are very heterogonous in EU member states. For instance, while the Netherlands and the UK exhibit favourable ERS conditions, the opposite applies for Germany and Ireland. Hungary and Italy lie in between.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Thünen-Series of Applied Economic Theory - Working Paper ; No. 146

Classification and Topics

• Classification: Wirtschaft
• Subject: ageing ; equity release ; pensions ; homeownership ; housing ; reverse mortgage

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hennecke, Peter ; Murro, Pierluigi ; Neuberger, Doris ; Palmisano, Flaviana
• Event: Veröffentlichung
• (who): Universität Rostock, Institut für Volkswirtschaftslehre
• (where): Rostock
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/170488
• Last update: 10.03.2025, 11:42 AM CET