Housing Reverse Mortgage Loan

Along with the aging of the population increases rapidly, the traditional family pension and the reforming social pension is facing heavy burden, the situation is day by day stern, therefore, the new pension model which suited to China's national conditions must be done. In this paper, on the basis of the US reverse mortgage, proposed the new model of pension which is"House-for-pension", it means to develop housing reverse mortgage loan in China, the old can still live in the room, at the same time, the assets of the house can realized earlier to consume, the retirement income increases, the aged can live better through their houses. It is not only useful to alleviate the family and society pressure, but also be conductive to improve the quality of life of older persons. Housing reverse mortgage loan has been proved to be a mature financial product in US, it will also have a broad prospect and market demand in our country.The purpose of this paper is to do some preliminary discussions on this issue. The paper is divided into six chapters: Chapter One is the introduction ; Chapter Two is the overview of housing reverse mortgage loan, giving a detailed analysis of the specific meaning ; In Chapter Three, it takes the United States as an example, introducing the situation of the American housing reverse mortgage loan, and summarizing the successful experience and the main problems ; Chapter Four multianalyzies the actual conditions of developing housing reverse mortgage loan in our country, including the urgency, the significance ,the feasibility , the facing obstacles and the forecast of developing housing reverse mortgage loan in our country; Chapter Five proposes the author's personal opinions of the organizational model and the operational mechanisms of the development of the housing reverse mortgage loan in China ; The last Chapter points out the guard and the solution measure to different risks which our country's development of housing reverse mortgage loan may face.