The Research On The Hosusing Endowment Pattern In Wuhan City

Under the influence of the aging population, increasing life expectancy andempty-nest families, Pension deficit grows quickly, the traditional family endowmentfunctions increasingly weaken, it is necessary to improve the social security system,reform the think and explore financial resource, which is research focus in the field ofold-age security. House-for-pension system as an new type of old-age security model canincrease the disposable income of old people by the means of improving the liquidity ofresidential real estate, which helps to alleviate the pressure of the pension and has strongpractical significance.Based on the cycle theory, intergenerational property transfer theory&liquiditytheory, with the questionnaire, literature research and comparative methods, this paperstudies deeply the suitable house-for-pension system in Wuhan. On the basis ofComprehensive combing domestic and foreign research achievements abouthouse-for-pension system, research ideas and methods are put forward; thehouse-for-pension systems in US, Britain and Singapore are compared and analyzed, theexperience and enlightenment from these countries are described. With the influence ofthe aging population, increasing421and empty-nest families, the enlargement of pensiongap and the low level of pension and the high price of endowment service product, it isnecessary to implement housing endowment patterns in Wuhan. There are favorableconditions about the house-for-pension system, which are the policy environment,financial market scale, the real estate market development and the participation of theelderly in Wuhan. However, Traditional concept of bondage, imperfect supportingpolicies, the lack of relevant implementing agencies, and potential economic riskfactors have bad effects on the house-for-pension system. Therefore, it is necessary toestablish the government-led "retirement with house" mode, adhere to the principle of public welfare and complementary, set up relevant institutions and supporting policies,provide diversity in housing endowment way, pay attention to the humanistic care toparticipants, and strengthen risk prevention and management.