| Summary: | 碩士 === 崑山科技大學 === 房地產開發與管理研究所 === 105 === The aging index of Taiwan as of November 2016 was 98.32%, which has increased by 49.32% in nearly 10 years. The 2016 aging index of Taiwan is relatively higher compared with U.S., Australia, New Zealand, and other countries in Asia. Moreover, the Ministry of the Interior statistical report reveals that the majority of elderly aged 65 years or older believe that the government should increase financial aids, indicating the wide insecurity in elderly against future economy. Nonetheless the government fiscal budget becomes increasingly rigorous and requires the search of other care system to offset the gap. Home ownership in Taiwan is very high while many elderly own houses. According to the survey conducted by National Statistics, Republic of China, the 2015 home ownership was 84.23％ with an annual increase of 0.26. Hence Taiwan is quite suitable for the promotion of “Reverse Mortgage” to solve the elderly fostering issues of “rich people hold real estate and poor people hold cash.”
The study objects consist of elderly aged between 50-64 years old and over 65 years living in Taiwan City. The study adopts online questionnaire and printed questionnaire for questionnaire survey. Additionally, the study conducted semi-structural in-depth interview with several financial institutions undertaking “reverse mortgage loan services” to analyze the causes of difficulty in current promotion of “reverse mortgage” through the supply/demand survey as well as to propose suggestions for possible improvement. The following conclusions are drawn from the empirical results: 1. 50-56 years old: This age group is still working according to the results of quantitative questionnaire. The respondents did not want to
apply for “reverse mortgage” because they have work and do not need money. The application for “reverse mortgage” in the future depends on the terms and requirement for loan. 2. 57-64 years old: The elderly in this group mostly are preparing for retirement while most respondents have some saving and extra housings for their children. This group is wealthier with higher social knowledge, who can accept “reverse mortgage” but the elderly must evaluate the benefits for themselves and their children before including it into their asset plant. 3. 65 years and older: This group of respondents endured more hardship when they were young and they tend to have more children with limited houses. The majority of these elderly have spent money on their children and hence a higher percentage of these people are taken care by their children. Hence they do not need to apply for “reverse mortgage” for the remaining time of life and they will possibly leave houses to their children while living frugally.
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