Some senior advocates fear other states will follow in Oregon's footsteps
Why eliminate, or curtail, any senior benefit until researched estimates are compiled -- especially if we are at, or near, the bottom of the market?
It would make sense to first tie the program to an annual equity gauge before forcing seniors to pay up or move. Simply assuming that all those with reverse mortgages will soon have no equity is ludicrous.
Tom Kelly's new e-book, "Bargains Beyond the Border: Get Past the Blood and Drugs: Mexico's Lower Cost of Living Can Avert a Tearful Retirement," is available online at Apple's iBookstore, Amazon.com, Sony's Reader Store, Barnes & Noble, Kobo, Diesel eBook Store, and Google Editions.
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What's Your Home Worth?