고령화 사회 대비를 위한 역모기지(reverse mortgage)제도 고찰 - 부동산증권화(Real Estate Investment Trusts)를 중심으로

The Study on REITs(Real Estate Investment Trusts) for Reverse Mortgage - Focusing on Real Estate Investment Trusts -

&nbsp;&nbsp;1. CONTENTS<BR>&nbsp;&nbsp;(1) RESEARCH OBJECTIVES<BR>&nbsp;&nbsp;The purpose of this study is to review the efficiency of reverse mortgage for an aged society in the future. The less a birth rate is a rapid decrease, the more the aged rate is a rapid increase. The more serious problem of increase the rate of aged rate is much more rapid than any other prior aged country in the world. A reverse mortgage means borrowing money against the value of the property. The homeowner receives the monthly loan, or annuity, based on the value of his property. In the event the homeowner dies, the estate sells the property and pays the money owed to the lender before distributing whatever remains to the heirs. The aged is need to help financial support for comfortable economic life.<BR>&nbsp;&nbsp;(2) RESEARCH METHOD<BR>&nbsp;&nbsp;Literature and comparative case study<BR>&nbsp;&nbsp;(3) RESEARCH RESULTS<BR>&nbsp;&nbsp;Four factors are key to the long-term viability of reverse mortgage system, 1) expected interest rates, 2) borrower longevity, 3) dropout rates, 4) house value appreciation. reverse mortgage programs need to deposits in to securities.<BR>&nbsp;&nbsp;2. RESULTS<BR>The elderly people who are house rich but cash poor will meet some financial difficulties in the future. This study&quot;s purpose is the efficiency of reverse mortgage system. Korea society seemed to become senescent as the day progressed. So the more aged people will use the reverse mortgage system and put abundant house on the real estate market. If an enormous amount of real property do not sale, the real estate market get into uncontrollable confusion. the solution is real property convert into securities.