Reverse mortgages set to explode as Canadians tap their homes for cash

Some of the trends driving the increase in reverse mortgages include aging demographics, longer life expectancies and insufficient retirement savings, alongside a strengthening of Canada’s housing market over the past 25 to 30 years.
http://www.theglobeandmail.com/globe-investor/retirement/retire-housing/reverse-mortgages-gain-popularity-as-canadians-turn-to-their-homes-for-cash/article27111238/