The Choice Of "House-for-Pension"

Aging of population in China has become an issue which is more and more rigorous. On the basis of the relevant statistics, our country has turned into aging populations. The number of the old will surpass four hundred million in 2050 and level of aging populations is going to exceed 30%. But social pension in China is still unsound and the system of social security is in the face of severe challenge. So it is urgent to develop various modes of providing for the aged. Housing reverse mortgage loan is one of the diverse modes. However housing reverse mortgage loan has experienced dozens of years, it is demonstrating stage of feasibility in China. The new old-age models have been groping by specialists of academic domain in China.In recent years, more and more scholars have paid close attention to the housing reverse mortgage loan. In the current condition, developing kinds of old-age models including housing reverse mortgage loan is favorable for advancing in living standard of the old, safeguarding social stability, reducing the stress of social security system and promoting the maturity of social welfare system. In the meanwhile, appearance of housing reverse mortgage loan supplys new business to the financial institutions. And then the real estate market can obtain the sustainable development healthily, which makes economy and society are full of energy.In the current stage of China, although we have possessed some conditions of housing reverse mortgage loan to develop, the recognition in the general public is insufficient and still exists several obstacles. This article takes relevant data of Shijingshan city district in Beijing as example in order to ascertain the feasibility of housing reverse mortgage loan, which combines theory and overseas advanced experience.