An Empirical Analysis Of The Demand For Housing Mortgage Insurance

The proportion of China’s elderly population accounting for the total social population is increasing nowadays, our country has been further into the aging society. However, the social and old-age security system of our country is imperfect, and the endowment resources are insufficient, which make that social endowment and traditional family endowment are facing huge pressure. therefore, our country is an urgent need to seek new endowment way to cope with the crisis. Overseas retirement housing reverse mortgage loan has been made in some countries more successful experiences,which can be foreign to our advantage. Our country may adopt Housing Reverse Mortgage Pension plan in light of the actual national condition. The theory of Housing Reverse Mortgage Pension plan is in the stage of exploration in China, and practice of it has just been implemented in our country, its implementation needs to actual and potential demand as a precondition.This article mainly consists of six parts: The first one tells the background and theoretical and practical significance of this market investigation;The second part includes principally preparation, organization and implementation methods which are used for the market research; The third part gives us the descriptive statistics analysis of respondents’ characteristics,needs and factors which affect the demand. According to research report of data results, the fourth part mainly sets theory framework and builds analysis model; The fifth part gives the show and empirical analysis according to established model on the survey report of results, and analyzes results of the model, the direct factors affecting demand, causes and exclusion needs, foreclosure which has an impact on demand as well as the intention for both spouses who take it jointly; The last part demands to carry on the summary and conclusion of effect factors of housing reverse mortgage pension plan.