STO를 활용한 고령자 소유 주택자산과 노인복지주택의 연계방안 연구

A Study on the Linkage Between Housing Assets Owned by the Elderly and Welfare Housing for the Elderly Using STO

This study intends to propose a new model linking the asset securitization of housing owned by the elderly and securing funds for the construction of welfare housing for the elderly by using STO. This study proposes a five-relationship model consisting of five protocols, centered on the STO trading platform. As a result of simulations for multi-family houses owned by the elderly, the elderly who own a house can secure the occupancy fee and monthly payment of the elderly welfare housing without debt, and the STO investor has a stable investment return regardless of fluctuations in housing price. The model using the STO can be expected to provide liquidity to the elderly who have a high housing ownership rate and should burden high housing maintenance costs and to expand the supply of welfare housing for the elderly. In order to revitalize STO, it is necessary to revise the Capital Market Act to enable the issuance of STO, and to improve the guarantee system and system that allows for sale of housing for the elderly.