Studying On The Reverse Mortgage System

Reverse mortgage is intended to house a new mortgage system Housing Endowment, operating in the United States and Europe has become increasingly mature, this system can greatly ease the aging of the population pressure on the social pension, old-age security system is very good supplement. Our country has tried to introduce the system, but the effect is not ideal to run for reasons including publicity is not in place, traditional concepts, the product does not match the risk and the legal system, of which the legal system does not match the house to run a major obstacle to a reverse mortgage. To better introduce this system, we need our existing laws on environment and housing reverse mortgages are combined, improved, constructed by the government-led, implementing agencies, clear property rights, and rural renewal moderate development of a comprehensive institutional system.In addition to the full text of the introduction and conclusion, is divided into four parts, more than15,000words.The first part is the significance of the reverse mortgage system in our house built. Our huge demand for old-age stage, the traditional pension system needs to be improved, and the continuous development of private property housing a large amount of real estate in the secondary market and the financial markets so as to improve the system has laid a good foundation to build our country. Meanwhile, the establishment of the system but also to protect the living standards of the elderly, social pension to ease the pressure, improve the pension system and promote the continuous development of the real estate financial market, etc., for our country’s development is important.The second part focuses on the current situation in our house reverse system established. Some cities have had our pilot" to the Housing Endowment" related businesses, but mostly aborted, mainly due to not only our pension traditions and social values, but also because a reverse mortgage and housing construction land use right of rural land ownership and there is a certain contradiction between the liquid ban terms such as these existing legal system.The third part is to build a country house reverse mortgage system. To build houses in our reverse mortgage system, you need to emulate the successful experience of foreign countries, and scientific institutions to build on and increase government support, and focuses on the legal system and the legal environment of our country be improved.This paper attempts to depart from the problem, demonstrate the significance of the establishment of houses in a reverse mortgage, and which found that the establishment of the system problems to be faced, and finally gives some advice from a legal perspective. It is possible innovation in this article. This article is also inadequate, mainly housing reverse mortgage system can not exist or legal issues that may be encountered in the future to explain the system, is not comprehensive enough.