Strategy Empirical Research Of Personal Housing Loan Of Harbin Housing Accumulation Fund Development

Personal Housing Accumulation Fund Loan is that the capital of Housing Accumulation Fund Center is sourcing from Housing Accumulation Fund and can be paid to the employees who should continuously deposit their housing fund adequacy to the appointed personal account by monthly according to the related policy, whose purpose is used for purchasing, constructing, reconstructing and repairing their house they live in. Compared with Personal Commercial Loan, Personal Housing Accumulation Fund Loan is more popular with more advantages, such as:low interest, tax-free and flexibility of repayment. It was eighteen years since Harbin Housing Accumulation Fund Center had been built. To improve the purchasing power of local low-income buyers and expand the consumption demand through implementation of housing accumulation policy, which plays an important role of boosting housing construction, enhancing the living condition, promoting housing finance development and stimulating economic growth.Loan becomes a prime business in Harbin Housing Accumulation Fund. However, Housing Accumulation Fund Loan had very little effect due to its nature defects. The lack of self-development initiative and flexibility, high risk loans and high cost become obstacle that Housing Accumulation Fund Center benefits people because Housing Accumulation Fund Center is often restricted in superior government policy. The fiscal year of 2011 is critical year of national housing walk, a series of policy has been issued by government, such as:the second set of house purchasing, purchase restriction and 10 million units of houses afforded by government. The housing fund plays an important role of the real estate industry and its future development and status is considerable for us.This paper analyses and summarizes the research written by experts and scholars on housing loan control, especially after U.S. Subprime Crisis. Some proposals,such as: strengthening risk prevention, enhancing economic efficiency, enhance service quality, expand the fund audience and deepen the reform, etc. can be offered in order to making up its defects and deficiencies.One way of Harbin Housing Accumulation Fund is to gasp the opportunity to increase the loan quota, the other way to find out smart measures combined local marketing situation and risk analysis of actual data to keep a virtuous, healthy and sustainable development。Hopefully, this article may make contributions to the future development of Housing Accumulation Fund.