Feasibility Analysis And Operation Mode Design Of Reverse Mortgage In Jinan

Due to the one-child policy, great changes have taken place on the structure of our family in china now with large numbers of "four two one" family patterns. In this pattern, a couple needs to raise one child and to support four elderly people at the same time, in this way the traditional family pension mode could not meet the status quo of our society. Reverse mortgage, as a creative financial product with multiple disciplines, has attracted great concern of the society, which could alleviate the aging population pressure to family and society. At the same time, through the combination of housing and pension, it provides new growth channel and has positive effect to the real estate market in China.According to the current research status from domestic and foreign scholars, this paper summarized the concept, the theory and the foreign mature experience of reverse mortgage. Then, based on the local economic level and social endowment, the feasibility of implementation of reverse mortgage in Jinan was discussed. After that, a preliminary design of reverse mortgage operation pattern in Jinan was attempted. The analysis and comparison method and the case analysis method are used in this paper.Finally, the author used a real-life example as a case to show how the reverse mortgage could improve the living standard of the old people. It made contribution to building a new connection with economic independence and emotional dependence feature between two generations, interactive development between multiple industries, better differentiation and specialization of the financial market in our country.