Housing affordability: the use and misuse of reverse mortgages by older households

尽管日常生活成本大幅上涨，但许多退休人员没有强制退休金。 随着“婴儿潮”一代中更多的工人退休，向政府缴纳的税款将减少，养老金体系面临的压力似乎将越来越大。 很大一部分人口可能难以享受充实的退休生活，并被反向抵押贷款所吸引，这反过来又可能被误解。 随着越来越多的老年居民离开工作岗位，如果这一群体因滥用房屋净值贷款而需要政府财政援助，社区将受到不利影响。

Many retirees are without compulsory superannuation although daily living costs have risen substantially. As additional workers in the 'baby boom' generation retire and less tax will be paid to the government, it appears there will be increasing pressure placed on the pension system. A large proportion of the population may struggle to enjoy a fulfilling retirement and be drawn towards a reverse mortgage, which in turn may be misunderstood. With an increasing proportion of older residents leaving the workforce, the community would be adversely affected if this cohort required government financial assistance due to the misuse of home equity loans.