Housing Reverse Mortgage Loan And Potential Risks Research

China has already entered the aging society, especially in Shanghai and some otherbig city aging degree is more serious. Currently, China is facing an "old before gettingrich" situation, the state, society and the increasingly heavy burden on the family pension.The growing problem of aging in the case, look for new breakthroughs in the way pensionis an inevitable choice. Reverse mortgages as the housing, a new way of pension, theelderly will have a reverse mortgage property housing the way through the cash, get cashto make up for the lack of old-age pension or further enhance their level. Home reversemortgage in some foreign countries, especially the United States has been rapiddevelopment in addressing the problem of aging to meet the needs of the elderly pension,pension raise the level of older persons play an important role.The housing reversemortgage loan and the risk for the study, introduces the housing reverse mortgage loan’sbasic connotation feature, taking Shanghai as an example the analysis implementation ofhousing reverse mortgage loan effect. The various risk classification analysis, explore thevarious causes of risk, risk analysis of the impact of risk avoidance measures, for thehousing reverse mortgage loan to provide reference for the implementation.In this paper, reverse mortgage loans for housing and the risk characteristics of thebasic content of a presentation based on the life cycle theory, theory of intergenerationaltransfer of wealth and risk management theory, with Shanghai as the starting point,analysis of the aging face Shanghai, there is the issue of pension fund deficit and theShanghai challenge the traditional way of pension, that reverse mortgages Shanghaiintroduced the need for housing, and Shanghai will be the implementation of housing loansreverse mortgage the elderly pension on the impact of qualitative and quantitative analysis.On this basis, reverse mortgage loans for housing, there are potential risks to explore, ananalysis of the potential risk, then a detailed analysis of the major risks that the possibleimpact of the implementation of the final of the Shanghai housing how to avoid the risk of reverse mortgages proposed countermeasures.Specifically, according to the study of the contents of the thesis is divided into sevenparts:The first part is introduction. Introduction of housing mortgage loans and the potentialrisks against the background to the study, significance of the study and the current status ofresearch and introduce the contents of this paper, research methods and research road map.The second part describes the basic concepts, features and content related to the basictheory. Reverse mortgage loans for housing and the risk characteristics and the contentanalysis of the basic theory that, to pave the way for future research papers.The third part is the housing mortgage loans abroad against the comparative study.Respectively, North America, Europe and Asia on behalf of national housing mortgagesystem against a comparative study, introduced a similar housing exists in our countryagainst the mortgage loan products, reverse mortgage home loans summarize thedevelopment of foreign law and experience in risk prevention practices, for ourdevelopment of housing mortgage loans made against the feasibility of policyrecommendations.The fourth part is Shanghai introduced the need for housing against the mortgage and itsrole. Research through three areas need to be, first, analyze the problem of populationaging in Shanghai, Shanghai aging summary of the status quo and existing features,through the establishment of quantitative models in Shanghai predict the trend of aging;Secondly, analysis and forecasting Shanghai pension fund shortages; Finally, the lack ofanalysis of the traditional old-age way. From the perspective of qualitative and quantitativeanalysis of different reverse mortgage housing to alleviate the problem of aging make theelderly Shanghai less than on the impact of pension.The fifth part is potential risk analysis of home reverse mortgage. Housing against thepotential risks from the mortgage market, the social side, in areas such as classificationsystems and to analyze specific, reverse mortgage loans for housing the most importantfacing the risk of interest rate risk, volatility risk and longevity value of the house to focuson in-depth analysis of risk, explains the reverse mortgage loans for housing the impact ofthe system is implemented.The sixth part is suggestion. Reverse mortgage loans for housing, potential risks to avoidthe policy proposals put forward for the implementation of the housing to provide reverse mortgages can learn observations.The seventh part is summary and outlook. Summarize the research contents, pointed outthe inadequacies of the research, make prospects to the place where need the further study.