Hacker News new | ask | show | jobs
by mehrdadn 2055 days ago
Unfortunately even the intro on Wikipedia explains some problems with reverse mortgages.

Not to mention that it's kind of a lot to force, idk, 80-year-olds to take out reverse mortgages just so they can keep living in homes they've already paid for and own. Though I guess it's not surprising if people half their age don't care about their burden.

1 comments

maybe I'm being insensitive, but it sounds like a problem I would absolutely love to have.