Well it's even being considered in Japan now ... reverse mortgages.
For those retiring who are asset rich, home, but little cashflow, income.
The news said that the gov't was considering it for the next year's tax reform.
Presumably it will be to allow banks and finance Co to actually do the financing.
I didn't expect to see this here for some time since Jp is usually quite conservative, slow, in such things.
For those retiring who are asset rich, home, but little cashflow, income.
The news said that the gov't was considering it for the next year's tax reform.
Presumably it will be to allow banks and finance Co to actually do the financing.
I didn't expect to see this here for some time since Jp is usually quite conservative, slow, in such things.
