The traditional concept of housing endowment

-Our reporter Zhang Chun-tian Jin News China has moved to an aging society, the 2009 Wuhan city aged over 60 years old on up to 1.219 million people, the elderly problem for the community's attention. 8th this month, Deputy Minister of Civil affairs Yu Yu in the National Social Pension Service System construction meeting, to actively guide the development of the "housing for the elderly", including the service market, to solve the problem of urban security. For a time, the term "housing for the aged" aroused the interest of all, and aroused hot discussion.　　In our current society, "Housing for the elderly" can make sense? Use a House supplement pension "When you are young, loan to buy a house and pay off the mortgage when you are 60 years old." Then mortgage the house to the bank, the right to use is still mine, the bank every month to pay my living expenses. I live in the old age of food and clothing, enjoy life ... When I leave the world, the House will be disposed of by the bank.　　This is the life that is depicted in the housing for the aged. Figuratively speaking, that is, "before the age of 60 people have a house, 60 years after the dependants."　　Homeowners are mortgaging houses with legitimate property rights to businesses such as insurers or banks, which, based on their assessments, pay their homeowners ' pensions on a regular basis until the owner dies and the property is owned by the business sector. In fact, this is a "reverse mortgage", that is, "home reversal mortgage".　　The equivalent of older people taking their own homes as collateral, borrowing regularly from banks, and repaying their mortgages when they expire, is just the opposite of traditional mortgages.　　In this way, the elderly can not only live in their own house, but also the real estate in advance to be used for retirement. And the current situation is that many people borrow money to buy a house, hard life to pay the repayment, to close to retire to repay the loan, but at this time there is no much savings to old age. Moreover, many of the houses are naturally left to their children.　　This is also the traditional Chinese concept. "Housing for the elderly" will break our traditional model.　　It is understood that this "reverse mortgage" pension model, in Europe and the United States and Japan, Singapore and other countries, has been a relatively mature mode of retirement.　　According to the preliminary projections of this model, in the domestic large and medium-sized cities, if a person has a set of 1.5 million yuan to 2 million yuan housing 65-Year-old, take the "housing for the elderly" way, each month can get about 10,000 yuan pension. It has become a prominent social problem to break the traditional idea that the old age is not easy.　　According to the Ministry of Civil Affairs recently released data, China currently has 167 million elderly, which can not afford to take care of the elderly 10.36 million people, half lost the elderly 21.35 million people, large and medium-sized cities empty Nest family reached 70%. In Wuhan, the pace of population aging continues to accelerate.　　According to the forecast, "Twelve-Five" period, Wuhan city population will break through 10 million people, of which the elderly population will reach more than 1.7 million people, the proportion of the total population of 16%.　　Under such circumstances, the proposed "housing for the aged" aims to provide a new choice for the settlement of the old-age. Reporter survey found that for this way, someYoung people of thought are more receptive, especially for some dink families, and some old people have difficulty changing the traditional concept.　　Mr. Liu, who works in a foreign company, is a dink, he says, a good way to retire and have a reliable income to visit and enjoy life. 60-Year-old Li's wife lives in Wuhan, and his son works in Shenzhen. She felt that the "housing for the elderly" this way is not acceptable, the House will certainly belong to the son, the son will not live, sell not to sell is his problem. "But inch to the ground, stay in the descendants of farming" is the traditional concept of the people.　　Old people with traditional ideas, psychologically difficult to accept their hard-earned life earned the future of the house to become someone else, only to leave the next generation to ease.　　The future of house prices is difficult to estimate in addition to the concept of reasons, "housing for the elderly" this model in our real life is the feasibility of how?　　A local insurance company pointed out that "housing for the elderly" is a financial innovation, such a product design process must take into account a variety of factors, including property values, real estate prices in the future trend, the health of the Mortgagor and the future sale and disposal of property. In this, only the future price trend of real estate is an unpredictable factor.　　Unlike ordinary bank mortgages, the average mortgage is the longer the loan balance, the smaller the risk of the financial institution, and the more the loan balance is, the greater the risk. Thus, if house prices fall, financial institutions will take huge risks. House prices have risen steadily in recent years, even with a lot of bubbles. From the trend, is the future price of housing prices are too high, the future price is not the risk of falling?　　Such a problem, who is difficult to give an accurate judgement. In addition, the bank is also good insurance, to get the property after the disposal is also a big problem.　　In the past, financial institutions dealing with property generally dealt with non-performing assets, and they were passively disposed of, and never actively carried out a large number of property transactions. Another problem is the problem of land tenure. The use of residential land is generally 70, the elderly people have been used for decades of property mortgage out, the land tenure limit has been left.　　At present, with the introduction of the property law, the right to use the term expires, you can extend the authority, but may also involve the issue of the payment of land transfer.　　The new model only belongs to small groups, "housing for the elderly" is not the first time in China. It is reported that the Shanghai Municipal Provident Fund Management Center in the past few years pilot launched the "Housing self-help": the elderly 65 years old, can sell their property rights to the Provident Fund Management department; After the transaction, the elderly can receive a one-time housing payment, housing again by the Provident Fund Management Centre to rent to the elderly, The elderly may rent a one-time payment to the Provident Fund Management Center.　　However, the actual application of the pilot is only a single digit, currently the pilot has ceased. In addition, there are some individuals "housing for the elderly" behavior. For example, some people in old age, to change the big house into a small house, or the city center of the house in exchange forSuburbs, and then get a pension income. In fact, "housing for the elderly" is a greater degree of financial innovation is a direction, but not the main direction of the pension problem.　　The solution of the old-age problem depends on the gradual improvement of the social endowment system. The timing of this model is not yet ripe. People who have now entered the old age view, most of them did not buy commercial housing, many are units.　　Real conditional "Housing for the elderly", is now bought commercial housing middle-aged, but these people often have better living conditions. In addition, the current real pension problems most prominent, not the city of the elderly, but the vast number of rural and urban low-income families. "Housing for the elderly" even if the implementation is a small group of choice.