| Abstract [eng] |
The aim of this MA thesis is to distinguish reverse mortgage business development opportunities by analysing scientific theses, calculated pessimistic, realistic, optimistic prognoses and qualitative survey’s results. The methods used in this MA thesis are analysis of scientific literature sources, comparative analysis between multiple literature sources and qualitative research. The main conclusions of this MA thesis are that business based on reverse mortgage can develop in the Lithuanian market, although a legal framework must be created and approved. After this step the Lithuanian market should accustom oneself to this product for at least 10 years to ensure effective development for reverse mortgage business. |
