Giving Homeowners Access to Their Housing Wealth

Apollo Chief Economist

Home prices have increased significantly across countries, and it is ultimately a political decision in each country if homeowners are able to tap into the high value of their house.

Home equity release products allow homeowners, including retirees, to access their equity to improve their standard of living and have the potential to help households through significant financial shocks.

These products are broadly categorized as reverse mortgages, home reversion, and sell and rent back.

The US and UK are the largest markets for reverse mortgages; home reversion is popular in France, Germany, Italy, and Poland; and sell and rent back is prevalent in Australia, the Netherlands, and the UK. 

Type of home equity release products and payouts possible, by country
 Source: OECD, Apollo Chief Economist

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