The Study On Urban Housing Reverse Mortgage Pension Model Under Background Of Aging Population

"Getting old before being Rich" is a remarkable feature against the rapid aging population in China. As the process of aging speeds up in China, the state will face an increasingly heavy pressure from the social pension, and the fundamental bottleneck factor that constrains the senior citizens to spend the remaining years in comfort is the lack of stable economic foundation. With self-pension being weak, family pension functions degenerating ,during the transition period that the social security is continuous improved, the burden of individuals, families and the state's has been increased caused by accelerated aging population. The effective method for relieving endowment stress is to consolidate the economic foundation maintaining the normal life of senior citizens in the way of exploring new pension model on the basis of improving the current endowment way. Reverse Mortgage Loan as a conversion from real estate into cash flow brings us new ideas to solve the problem of supporting aged population. However, the implementaion of the reverse mortgage faces more problems and obstacles, so the operation mode of housing mortgage reverse in China should be designed according to national conditions.First of all, from the current aging trend in China, the background and significance of this article and recent situation of study are illustrated. On the characteristics of China's aging population, development and population aging trends were discussed in detail. Then on China's aging population in the context of the urban pension system to analyze the problems and discusses the aging of the population of China's current urban pension system effects.Second, the introduction of the reverse mortgage home and abroad, the theoretical basis of the operation, carried out by foreign experience in the business of learning, set up the business of our inspiration and experience to draw on.Again, the context of population aging in China's development model home reverse mortgage endowment necessity, feasibility, and obstacles to be analyzed, combined with China's specific national conditions, China's urban housing proposed reverse mortgage operation mode.Finally, the development of China's urban housing reverse mortgage endowment model put forward corresponding countermeasures and suggestions. The paper also pointed out the inadequacy of existing research, and future research directions were discussed.