The Study Of Purchasing House By Joint Venture For Pension Between The Olds And Bank

Our country is exceeding into old age society quickly, many oldpeople' s living quantity and living environments has been deteriorated.They hope to purchase new house to improve their own living quality andenvironment urgently. However, most old people's saving is limited, andthe lacking of financial product for the olds to purchase house on themarket, buying a new house alone is hard for them. Because of this problem,the article put forward a new kind method of purchasing house—purchasinghouse by joint venture between the olds and bank, trying to resolve someold people' s embarrassment for buying house. The basic idea is that thebank and the old people who need to buy house to sign a contract, topurchase house at the suburban area that suits the olds to enjoy theirlives according to some contributive proportion. Corresponding to thecontributive proportion the house's property rights is divided into twoperiods, the old person's contributive proportion is used to acquire thefirst period' s property rights of the house, the bank' s contributiveproportion is used to acquire the last period property rights of the house.The olds use the house first until the contract at term, at this time,the bank can take back the property rights of the house, dealing with thehouse, acquiring profits.In chapter one, the author puts forward the model of purchasing-house for pension by joint venture, then analyzes the object that this kind of mode apply to and the operation processes. In chapter two, discusses the basic theories of the olds to go to the suburban area to purchase house. In chapter three, studies the calculation of contributive proportion firstly, then analyzes the gamble model under asymmetric information and researches the supply and demand relation under adverse selection, at last puts forward the methods and measures that promote purchasing-house-for-pension by joint venture. In Chapter four, predict the positive effects of purchasing-house-for-pension by joint venture. In Chapter five, draw a conclusion and discuss the problem that needs to be researched further.