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Academic Journal of Business & Management, 2024, 6(5); doi: 10.25236/AJBM.2024.060528.

A Review of Research on Domestic Reverse Mortgages for Housing

Author(s)

Fengjin Liu

Corresponding Author:
Fengjin Liu
Affiliation(s)

School of Economics and Management, Guangxi Normal University, Guilin, Guangxi, China

Abstract

With the further deepening of population aging, the pressure of social old-age persion increases, and the traditional old-age pension mode can no longer completely solve the existing old-age pension problems in China. Housing reverse mortgage as a new style of old-age mode has been developed in developed countries, which provides an effective way to learn from China to alleviate the social pressure on old-age. This paper reviews the literature on the feasibility, operation, risk management and pricing of reverse mortgages in China, and seeks to provide references for the implementation and development of the reverse mortgage market in China.

Keywords

home reverse mortgage, reverse mortgage, homeownership

Cite This Paper

Fengjin Liu. A Review of Research on Domestic Reverse Mortgages for Housing. Academic Journal of Business & Management (2024) Vol. 6, Issue 5: 205-210. https://doi.org/10.25236/AJBM.2024.060528.

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