This is the third and® nal article in this series on urban sustainability in developing
countries. In the® rst article (Drakakis-Smith, 1995), the notion of sustainability in an urban …

The reverse mortgage plan has been proposed as a viable solution to improve or maintain
the economic status of older adults who are “house-rich but cash-poor”. The objectives of the …

The reverse mortgage is a financial instrument that can be tracked back to the 1960s in the
United States, with more activity reintroduced during the early1 1980s, before spreading to …

Senior housing with age-friendly design and elderly care services contributes to the health
and well-being of older people. Previous research has evidenced that the immediate …

The world's population is ageing rapidly in all regions and at an unprecedented scale in the
21st century. Like many other fast growing Asian cities, Singapore is projected to become an …

In spite of the unprecedented success of publichousing in Singapore, the rapid rate at
whichthe population is greying is causing housingstress in the matured Housing and …

Purpose–Most households in Sub-Saharan African cannot afford adequate housing. Most
often, their pension benefits are also meagre, usually resulting from low contribution levels …

We derive an approximate pricing formula for use in reverse mortgage valuation that allows
the house price and interest rate to be stochastic with a deterministic distribution of …

This paper found that while there are many very satisfied holders of reverse mortgage
products, the nature of the product and of the client group presents a number of risks. The …

This book brings together the latest concepts and models in real-estate derivatives, the new
frontier in financial markets. The importance of real-estate derivatives in managing property …