Research On The Legal System Of Housing Reverse Mortgage Loan In China

With the aging problem in China is increasing,China is facing increasingly pressure of pension,while the traditional pension system has been unable to meet China's growing pension pressure,resulting in China's social security system reform.In the trend of housing endowment concept sweeping the world,the development of the most successful housing reverse mortgage loan model has become a model for China's reform.The reverse operation of the housing reverse mortgage loan is a traditional mortgage,financial insurance,social security and security interests in nature,with a comprehensive and innovative strong,so in the process of introducing domestic and encountered a lot of obstacles and risks.The reverse mortgage in China is about to launch a system based on the background,from the United States,Britain,Singapore,Japan and other countries experience,analyzed and demonstrated as an exotic reverse mortgage system in the process of localization of the obstacle,in order for the housing reverse mortgage system construction and puts forward some opinions and suggestions.In addition to the introduction and conclusion,this paper is divided into four parts.The first part of the concept of reverse mortgage system and the legal characteristic and value are discussed,and using the method of comparative study,comparing the housing reverse mortgage system and the system of housing mortgage loans,mortgage loan system.The second part analyzes the practice status and main obstacles of reverse mortgage in China,lead resistance,system level including the traditional concept of retirement and consumption barriers and uncertainty management risk.The third part mainly analyzes the operation mode and experience of the United States,Britain,Singapore,Japan and other four countries in the housing reverse mortgage loan system.The fourth part,on the basis of the reverse mortgage system proposed for the construction of foreign related system of our country should first clear,construction of housing reverse mortgage loan system to correct the role of the government,give priority to the protection of human rights and the protection of financial institutions pension rights as the basic principle,followed by the reverse mortgage system described in our country the construction scheme and related supporting system construction scheme,including a perfect housing construction land use system,setting without recourse clause and value-added share terms,terminate the operation of the financial constraints,the importance of the government functions discussed.