A Research Report On The Affecting Factors Of Demand For Housing Reverse Mortgage Program In Guangzhou

The aging of the population is aggravated,the old-age security system is not perfect,the huge shortage of pension are the problems of old-age in our country.In this kind of environment,we can find out a new model of old-age for China's conditions to alleviate the pressure of the social old-age security,which is particularly urgent and important.Housing reverse mortgage has gradually been concerned about and study.with its innovative arrangements.The study of foreign practices and experience,combined with the actual situation of domestic housing reverse mortgage products has important theoretical and practical significance to alleviate the current pressure on China's pension.In this paper,the first-hand data were obtained through investigation,and the logistic regression analysis was conducted by using SPSS software.The regression model was constructed with personal factors,financial status,housing condition and family status,etc to analysis and research the impact of reverse mortgage demand Factor.The result shows that23.5% of the respondents are willing to accept the housing reverse mortgage loan,and come to the conclusion that the demand of housing reverse mortgage is influenced by the basic characteristics of the population,the housing status,the family income and expenditure and the traditional values.In order to solve the problem of housing reverse mortgage demand in Guangzhou,this paper puts forward the corresponding policy recommendations,intensifying efforts to promote housing reverse mortgage loan,making the low and middle income groups as the breakthrough point,strengthening the government's support to reduce the risk and developing diversified housing reverse mortgage loan products.This paper aims to provide the basis for government policy adjustment and policy implementation,provide data support for housing reverse mortgage business of relevant financial institutions,and provide valuable reference of decision-making for Guangzhou to carry out housing reverse mortgages project.