Housing Maintenance Funds Research

Housing Maintenance Funds (HMF) is playing a very important part in maintenance of house, just like the age fund for old men. But now, a series of management and administration problems of HMF have broken up, which makes people very worrying. This article is prepared to delve into the background of HMF in first, nailing down HMF's two attributions. And then, a new system design will be issued, through the difference contrast of administration pattern at home and abroad, which includes how to determine the administration and debt body and how to build the reasonable convention. This new system is expected to bring about the self-administration of HMF, to come into play as Common Pool Resource, to prolongbuildings' lives and to benefit business proprietors.