Why Did a Futurist Write a Book about Reverse Mortgages?
These financial, lifestyle, and wealth management tools are an excellent example of how we can—and must—think differently about home and all the other 20th Century aspects of life which will continue to change as the 21st Century rolls on.
During my earlier career as an environmental scientist, I became fascinated by how poorly traditional education prepares us to select, preserve and pay for the most important personal environment of our lives—our homes. My interest in home equity conversion began as surprise. Surprise that there were not more choices for homeowners intent on accessing the value accumulated in their homes over a lifetime.
When reverse mortgages appeared in North American in the early nineties, the reaction of many property owners, financial and real estate professionals, and advisors to the then newly-emerging reverse mortgage option proved to me that the wonders of the future will be wasted on us if we do not learn how to think beyond "the box" of past experience, stereotypes, hear-say, and financial illiteracy.
The consumer-friendly Reverse Mortgages: Best Friend, Worst Enemy...Your Choice! was written to speed up the shift to 21st Century-thinking about home, home equity, and home equity management. Hopefully, it will also be a catalyst for similar shifts in thinking in other areas and disciplines.
During my earlier career as an environmental scientist, I became fascinated by how poorly traditional education prepares us to select, preserve and pay for the most important personal environment of our lives—our homes. My interest in home equity conversion began as surprise. Surprise that there were not more choices for homeowners intent on accessing the value accumulated in their homes over a lifetime.
When reverse mortgages appeared in North American in the early nineties, the reaction of many property owners, financial and real estate professionals, and advisors to the then newly-emerging reverse mortgage option proved to me that the wonders of the future will be wasted on us if we do not learn how to think beyond "the box" of past experience, stereotypes, hear-say, and financial illiteracy.
The consumer-friendly Reverse Mortgages: Best Friend, Worst Enemy...Your Choice! was written to speed up the shift to 21st Century-thinking about home, home equity, and home equity management. Hopefully, it will also be a catalyst for similar shifts in thinking in other areas and disciplines.
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