Research On Housing Support Functions Of Shanghai Housing Provident Fund

Housing fund system is an important component of China’s housing security system and plays a central role.Housing fund is a compulsory saving nature of the housing savings, with social Mutual.Housing fund units by the co-workers and deposit, the number of workers to pay, where the proportion of units also pay the same amount, the monthly amount of all deposits of all workers paid into individual accounts, the property of their individuals.The system of housing fund "low low loan-deposit" interest rate policy, the participants who paid a purchase, construction, renovation, renovate their houses may be extracted; when the purchase money is insufficient, may apply for housing provident fund loans.Since1991, the Shanghai housing accumulation fund system has been implemented, the housing provident fund system played an important role, has made remarkable achievements.It fits well with Shanghai’s housing system reform, stimulate economic growth in real estate, residential housing increased spending power, improved people’s living conditions and environment.While obtaining the brilliant achievements, the housing provident fund system is gradually exposed the shortcomings,These shortcomings seriously limit the expansion of the target population, housing security features restrict their play.In recent years, housing has become the focus of attention of the community topic.In a big city like Shanghai, as rising housing prices in recent years and the majority of people can not afford to buy housing, the housing difficulties of the situation there.High prices also make housing fund relative weakening of the housing support functions, how to make housing fund housing support functions to better play before us has become a pressing problem.In this paper, the Shanghai Housing Fund function of housing security, mainly from the following aspects:First of all, in theory, discussed the housing security and housing fund of the content, and thus the characteristics of the housing provident fund, significance and role of a detailed exposition, and from economics and public management point of view of the housing provident fund and other features of the theory of housing security basis.Secondly, the implementation of the Shanghai housing accumulation fund system research and analysis done. Shanghai housing accumulation fund system in clarifying the various stages of development, based on the total amount of the deposit from the housing provident fund, provident fund and support the purchase of personal loans on Shanghai area, and other aspects of the implementation of housing accumulation fund system’s great achievements since, and from housingprovident fund system implementation and system design aspects of Shanghai housing accumulation fund system deficiencies.Again, in Shanghai as the subject, select the five key indicators of the level of the housing provident fund contribution of empirical analysis, on the one hand, the relevant data for the same period of Shanghai Housing Provident Fund contribution level of housing and Tianjin, Nanjing and other cities to do comparative analysis of horizontal; the other hand, according to the Shanghai Housing Fund over the years for its housing related data do longitudinal comparative analysis of the contribution, and draw conclusions.Fourth, the typical developed country housing finance and housing security system is introduced, and made the experience summarized.As the housing provident fund system has always been our housing system learn from advanced foreign experience to improve the implementation of the Shanghai housing accumulation fund system, there are shortcomings, the foreign housing systems in many practices are worth learning and have some enlightenment.Finally, lack of Shanghai housing accumulation fund system and the advanced experience from abroad is proposed based on a number of thinking, the main feature is effective to expand the beneficiaries of the housing provident fund system side, so that the housing provident fund system policy to tilt in the low-income people to protect their homesBenefits fully reflect the original intention of the housing provident fund system. At the same time, the Shanghai housing accumulation fund system is proposed to fully play its function of housing security safeguards.