2min chapter

Freakonomics Radio cover image

474. All You Need Is Nudge

Freakonomics Radio

CHAPTER

What Is Sludge?

Reverse mortgages can have a sleazy part of them, but there are many people who live in places where real estate is going up. In that they're sitting on two million dollars worth of real estate that dwarfs their other assets. They're cash poor and house rich. And figuring out a way to help people do that is smart,. Then calling it a reverse mortgage, it should just be called, like the biggest piggy bank in the world. Ye, she spend more to day, live a little get a life.

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