Forced moves and home maintenance: The amplifying effects of mortgage payment burden on underwater homeowners

Loneliness has been examined by an increasing number of scholars, being implicated in numerous detrimental outcomes for mental and physical health. However, most loneliness prevalence studies have focused on particular age groups, thus overlooking how loneliness differs across the lifespan. This study assessed loneliness prevalence in a nationally representative sample ( n = 1,009) of the Maltese population aged 11 years and above using the 11-item De Jong Gierveld Loneliness Scale, while also identifying associations between loneliness and sociodemographic factors. Results demonstrate that 43.5% of the Maltese population experiences some form of loneliness. The association between loneliness and age demonstrates a nonlinear relationship, with elevated loneliness rates among adolescents, which decrease slightly in early adulthood, before slowly increasing from age 35 onward. Loneliness is also significantly associated with education level, employment status, household composition, mortgage payment status, perception of income, presence of a disability, active citizenship, as well as self-rated physical health, coping ability, and subjective wellbeing. These findings indicate that loneliness is experienced in significant rates across the lifespan, and intervention efforts should be targeted toward individuals of all ages.

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Dation In Payment Of The Mortgaged Homestead

Review of Business Information Systems (RBIS) ◽

10.19030/rbis.v15i5.6026 ◽

2011 ◽

Vol 15 (5) ◽

pp. 101-104

Author(s):

Pilar Dominguez-Martinez

Keyword(s):

Economic Crisis ◽

Current Economic Crisis ◽

Mortgage Crisis ◽

The Family ◽

Mortgage Payment ◽

Family Housing ◽

Housing Needs ◽

And Control ◽

Marital Crisis

The indebtedness of Spanish households coupled with a marital crisis, requires finding solutions to combine the protection of family interests, mainly of children, housing needs of society and the satisfaction of the creditor's right to credit mortgage crisis when the family faces the mortgage payment that affects the family housing. Also, new laws on regional express recognition of the custody and control of the destiny of the family housing in cases of divorce and separation through formulas such as the sale of the house, let consider the use of dation in payment of the family housing as a way to avoid foreclosure in cases of marital crisis in the context of current economic crisis.

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A Reliable Time Lock Encryption Scheme For Relatively Weak Computational Resources

International Journal of Recent Technology and Engineering - 2 ◽

10.35940/ijrte.b1674.078219 ◽

2019 ◽

Vol 8 (2) ◽

pp. 893-897

Keyword(s):

Real World ◽

Experimental Results ◽

Encryption Scheme ◽

Paper Briefly ◽

Prototype Implementation ◽

Key Escrow ◽

Computational Overhead ◽

Mortgage Payment ◽

Encryption Decryption ◽

Computational Resources

Time-lock encryption is a type of encryption in which the process is bound by a factor of time that enables previously impossible applications such as secure auctions, mortgage payment, key escrow, or fair multiparty computations. Existing solution approaches of time lock either employ computational overhead to calculate time or use analogues to map the real-world time, hence lacks reliability. We propose a reliable time-lock encryption scheme, where even receivers with relatively weak computational resources can decrypt the cipher after an accurate real-world deadline, without any interaction with the sender. Proposed solution uses time fetched from timeservers over secured https channel for time lock accuracy and strong AES-256 encryption/decryption techniques for reliability. The paper briefly discusses a java based prototype implementation of the proposed approach and the experimental results

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Sustainable housing financing model to reduce South Africa housing deficit

International Journal of Housing Markets and Analysis ◽

10.1108/ijhma-07-2016-0051 ◽

2017 ◽

Vol 10 (3) ◽

pp. 410-430 ◽

Cited By ~ 7

Author(s):

Bashir Olanrewaju Ganiyu ◽

Julius Ayodeji Fapohunda ◽

Rainer Haldenwang

Keyword(s):

South Africa ◽

South African ◽

Affordable Housing ◽

Low Income ◽

Low Cost ◽

South African Government ◽

The South ◽

African Government ◽

Content Type ◽

Mortgage Payment

Purpose This study aims to identify and establish effective housing financing concepts to be adopted by government in achieving its mandate of providing sustainable affordable housing for the poor to decrease the building of shacks, as well as proposing solutions to the housing deficit in South Africa. A rise in demand and shortage in supply of housing calls for the need to address issues of affordable housing in South Africa, and developing countries in general, to ensure a stable and promising future for poor families. Design/methodology/approach Literature has revealed that the South African government, at all levels, accorded high priority to the provision of low-cost housing. Thus, government has adopted subsidy payment as a method of financing affordable housing to ensure that houses are allocated free to the beneficiaries. This also addresses the historically race-based inequalities of the past, but unfortunately, this has not been fully realised. This study uses a sequential mixed method approach, where private housing developers and general building contractors were the research participants. The qualitative data were analysed using a case-by-case analysis, and quantitative data were analysed using a descriptive statistical technique on SPSS. Findings The results of the qualitative analysis reveal a gross abuse of the housing subsidies system by the beneficiaries of government-funded housing in South Africa. This is evident from illegal sale of the houses below market value. This has led to a continual building of shacks and an increased number of people on the housing waiting list instead of a decrease in the housing deficit. The results from quantitative analysis affirm the use of “Mortgage Payment Subsidies, Mortgage Payment Deductions, Down-Payment Grant and Mortgage Interest Deductions” as viable alternatives to subsidy payment currently in use to finance affordable housing projects by the South African Government. Practical implications At the moment, the focus of the South African National Government is continual provision of free housing to the historically disadvantage citizens, but the housing financing method being used encourages unapproved transfer of ownership in the affordable housing sector. This study thus recommends the use of an all-inclusive housing financing method that requires a monetary contribution from the beneficiaries to enable them take control of the process. Originality/value The relational interface model proposed in this study will reduce pressure on government budgetary provision for housing and guarantee quick return of private developers’ investment in housing. Government must, as a matter of urgency, launch a continuous awareness programme to educate the low-income population on the value and the long-term benefits of the housing.

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