General World News

Global equity release market poised for significant growth, report suggests

The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. This is according to a report compiled by the European Pensions and Property Asset Release Group (EPPARG), a trade association that represents European equity release companies.

“The report gathers data from market leaders across 13 countries globally with established or developing equity release markets, and [analyzes] growth potential,” the association said in a statement. “The 13 countries span Europe, North America and Australia, and are details ⇒

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