Originally Posted by
percy
Wonder what the AMP rep would say if and when AMP start offering them?
I would agree downsizing would be the better option,but that is rather missing the point.
The point is RELs suit people who wish to use their home equity to stay in their home,but otherwise can not afford to do so.
As I have previously posted, governments around the world are encouraging old people to stay in their homes,and are offering more services so that they will.NZders love affair with property makes RELs very much a growth sector country,and with the strong tailwind of an ageing population I see REL providers doing well.