The Potential Role of Housing Equity in a Looming Baby Boomer Retirement Cash-flow Crisis
An Australian Perspective
Datos Bibliográficos
| ID | 12633851 |
|---|---|
| Autores | Dianne Johnson (0000-0003-1000-2854, Griffith University, autor de correspondencia), Andrew C Worthington (0000-0003-4113-9036, Griffith University), Mark Brimble (0000-0001-7554-9004, Griffith University) |
| Año | 2015 |
| Volumen | 32 |
| Número | 3 |
| Páginas | 266-288 |
| Fecha de publicación | 2015-02-25 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | Housing Theory and Society (JOURNAL) |
| Identificadores de la revista | ISSN: 1403-6096 • E-ISSN: 1651-2278 |
| Editorial | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/14036096.2015.1012275 |
| OpenAlex | W2066669689 |
| Idioma | EN |
| Citas recibidas | 1 |
| Referencias citadas | 28 |
With Australia’s 5.5 million “baby boomer” generation and tens of millions of others around the world now transitioning into retirement, government and community resources for the developed world’s rapidly ageing populations are increasingly stretched. A key emerging problem is that some retirees do not have sufficient asset liquidity to finance post-retirement consumption needs. This is seemingly despite households holding substantial assets in the form of housing equity in many countries. The family home has the potential to change from a direct investor private financial asset to a more flexible, securitized, financial instrument. The purpose of this paper was to examine the role of housing equity in supporting retirement consumption and income needs and easing financial stress in later retirement. The paper also examines the potential for new financial instruments tailored for retirees seeking to decumulate housing equity at low cost. Incorporating panel data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey, we illustrate the role of housing in Australian household portfolio composition in particular and the experience of homeownership for different Australian households, with the primary objective being to identify issues that affect home equity decumulation
Asset (computer security · Business · Economics · Equity (law · Financial crisis · Home equity · Labour economics · Market liquidity · Portfolio · Private equity · Retirement planning · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Housing, Finance, and Neoliberalism · Finance
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| Obras citantes distintas | 1 |
|---|---|
| Citas por año | 0,14 |
| Intervalo de citas | 2019 - 2019 (1) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 1 |