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portada Essays on Housing and Pensions: A European Perspective (Essays in Real Estate Research)
Type
Physical Book
Year
2018
Language
English
Pages
73
Format
Hardcover
ISBN13
9783658249540
Edition No.
2019

Essays on Housing and Pensions: A European Perspective (Essays in Real Estate Research)

Thomas Müller (Author) · Springer Gabler · Hardcover

Essays on Housing and Pensions: A European Perspective (Essays in Real Estate Research) - Thomas Müller

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Synopsis "Essays on Housing and Pensions: A European Perspective (Essays in Real Estate Research)"

Demographic trends put a burden on EU pension provision. As the sustainability of pension systems is addressed by current pension reforms, lower benefit levels are projected. In this scenario, households may want to consider supplementing their public pension income. As their own residence is on average their most valuable asset, its transformation to income can be one form of alleviating financial distress in old age. Thomas Muller presents research findings on the interdependency of housing and pension wealth as well as on whether and to what extent housing wealth is decumulated after retirement. The author emphasizes the consideration of housing wealth in pension policies to enable European households to employ its housing asset as an income source in old age.About the Author Thomas Muller wrote his dissertation at the Real Estate Management Institute (REMI) at the EBS Business School. His research was motivated by the effects of demographic changes on pension provision in the EU. He focused especially on the allocation and liquidation of private housing wealth as a public pension supplement.

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