Housing Down Mortgage Obstacles In The Development Of Our Country And The Role Of Government

China has got into senile society ahead from 1999. Then, China faces growing aging population, pension is under tremendous pressure. In the aging but not rich situation, it's more and more difficult to adapt to the accelerating aging crisis if China simply relies on current pension insurance system and the traditional family pension model. In face of the aging wave, reverse mortgage aroused extensive attention as a new way, it make old people got steady income by using their house reasonably, and they can still live in their house. So, reverse mortgage is welcome in west country, it became a important way of old people to change life style and improve life quality. Recently, Chinese scholar studied reverse mortgage hotly, there are already some pilots in Nanjing, Shanghai, Beijing and other cities. However, it turns out to be not as successful as what is very mature and popular in western countries. both supply and demand are deficient in China. The author try to analyze the obstacles from the supply and demand angle. Then point out our government how to prompt the development of reverse mortgage.This essay starts from the pattern of reverse mortgage in western countries. It introduces this mode's concept characters theoretical basis and main steely in western countries. Then, it discusses the necessity and possibility to carry out reverse mortgage in China and point out reverse mortgage's wide market. It describes the implement of reverse mortgage in China. This essay also comes to a conclusion that both supply and demand are deficient of reverse mortgage in China. The author analyses the obstacles in the development of reverse mortgage in China from the supply and demand angle and compares with American pattern. The conclusion of this essay is that government plays an essential role in the development of reverse mortgage in China, and that the relative mating polices and measures are bound to the development of reverse mortgage. At last, the author appeals to the government to take some measures and play an important role in the development of reverse mortgage. The author hope these advices can be adopted by decision-maker to make so good business develop fast in our country. Then, it can really improve the life quality of old people and pressure can be relived. Then it will promote the stability and harmony of our society.