[ThrowawayR2]

> The actual worst case scenario is someone gets a reverse mortgage from the bank to pay property tax with equity from the home, and they end up bequeathing a smaller proportion of wealth to their heirs when they pass.

In other words, a permanent and widespread subsidy that enriches the banking industry at the expense of the public. Don't we have enough of those already?

[scarmig]

I'm confused how you'd consider reverse mortgages a subsidy.

[ThrowawayR2]

How could one not? See https://www.consumerfinance.gov/ask-cfpb/what-are-the-costs-...

Reverse mortgages don't happen for free. The interest and all those fees go to the banking & other industries. By making reverse mortgages a considerably more frequent scenario, those industries clearly benefit.