Research For Development ＆operation Of Elderly Apartment In China

In such an aging society as our country, it has become more and more important to balance between economic growth and protection of the aged.First of all, this article will give a definition and criteria of aging population. Aging is a long-term tendency that burdens the country and the society from different aspects. Facing such challenge, house-for pension scheme, based on life-cycle approach and real-estate-flow theory, has become one of the solutions. After the discussion of the necessity of the scheme, this article introduces the definition and criteria of apartment for the aged (hereinafter called"the apartment"), both at home and abroad, and analyze different types of the apartments. Thirdly, after the presentation of developments of the apartments in different countries, the article examines the developmental pattern and management model of these apartments. It is of great importance to foster the market of the apartment in the social context of our country; and it is also crucial to adapt the developmental and management pattern to the pension policies to provide physical basis for a rich mental life of the aged.Based on the above analyses, this article suggests that several methods should be taken to reinforce the house-for-pension scheme. The government should first encourage equity investment of the market and cut down the taxes and expenses in order to lower the cost and risk of development. Secondly, it is necessary to enhance the supervision of related agencies and improve related laws and regulations. Finally, private equity investment should be promoted and spurred.