CAJ | 학술논문

老龄化社会的到来给中国养老保障体系带来了巨大压力，而住房反向抵押贷款作为一种以房养老新方式具有其独特优势，但中国住房反向抵押贷款也面临着一些障碍，如贷款机构面临道德风险和市场风险、老人传统观念的束缚、土地制度的束缚等。针对该问题，运用收益模型，并结合最新数据对住房反向抵押贷款产品给社会各层面带来的收益情况进行预测分析，为实施住房反向抵押贷款提供政策建议，以推进中国住房反向抵押贷款的发展。
노령화사회적도래급중국양로보장체계대래료거대압력，이주방반향저압대관작위일충이방양로신방식구유기독특우세，단중국주방반향저압대관야면림착일사장애，여대관궤구면림도덕풍험화시장풍험、노인전통관념적속박、토지제도적속박등。침대해문제，운용수익모형，병결합최신수거대주방반향저압대관산품급사회각층면대래적수익정황진행예측분석，위실시주방반향저압대관제공정책건의，이추진중국주방반향저압대관적발전。
The arrival of an ageing society has brought about many problems to China’ s pension system. Reverse mortgage as a tool to the housing endowment has its unique advantages as follows:firstly, it relieves the pressure of pension payments;secondly, it can stimulate the economic growth;thirdly, it can curb the volatility of house price. But the development of the housing reverse mortgage loans in China is facing the following obsta-cles:(1) Lending institutions face the risks of moral hazard and marketing;(2) The bondage of the old man’ s traditional views;(3) The constraints of the land system. Thereby, making the full use of the roles of govern-ment and financial institutions to take the lead and gain experience from the test will help to promote the devel-opment of the housing reverse mortgage loans in China.