Real estate finance

Author: Xie Jingrong
Publisher:
Publish Date: 2002-04-01
Features: Real estate, especially residential property, is a crucial place for people's living and working. In the nearly 30 years before the reform and opening-up, the development speed, quality, and scale of the residential industry were severely restricted. After 20 years of reform, the real estate industry or residential industry has grown to a certain scale and has had a positive impact on the development of the national economy and the improvement of people's living standards. In the future, as China's economy rapidly develops and transforms, the real estate industry will have even greater room for growth and potential. This book primarily discusses the financing theories and methods that guide the development, investment, and residential property purchase activities in the real estate industry. Due to the large scale of real estate investment and the significant capital required, the involvement of the financial industry is essential for developers. For residential property buyers, since housing is the main asset of families in a market economy, it requires years of family savings, making housing consumption loans indispensable. From the above, it can be seen that the financial industry acts as a catalyst for the development, operation, and investment activities in real estate development. Some also regard the financial industry as the blood of the real estate industry.