Housing Finance Model

Housing problem is a great economical and social problem. When reformation and openning begin, the power of our country becomes stronger and stronger. With the people's living levels rising, the demand of buying houses is increasing accordingly. Because the develepment of our housing finance is left behind by the speed of the reformation in housing system. the housing finance prevents the meet of the housing.The situation should not be neglect. In the first part of my paper, I review the growing of mortagage loan in our country, the operation of the housing mutual funds.and the development of the housing savings bank in last centrury. l find out some problems after I have analyzed them and what I have found will give some basis to the following discussion.Housing finance appeared more than 100 years in western countrys and the countrys using it have accumulated much experience.In the second part of my paper.l reaserch the three main modes in housing finance field,that is, mortagage loan market in USA, housing mutual funds system in Singapore and housing savings in Germany. I sum up some common factors for choosing housing finance mode which could be the directions for the practice in our country.In the end, I analyze the main factors that restrict housing finance mode and draw the conclusion that we should build up such mode that is made up of the commercial housing finance whose status is primary and the political and mutual housing finance whose status are accessorial.I bring forward some operational ideas for designing the housing finace patten in our country at last.