• DocumentCode
    2181597
  • Title

    China´s Real Estate Price Inflation and the Expansion of Bank Credit

  • Author

    Zhang, Lijun ; Zhao, Qiancheng

  • Author_Institution
    Dept. of Manage., Harbin Financial Coll., Harbin, China
  • fYear
    2010
  • fDate
    24-26 Aug. 2010
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    From a global point of view, real estate is the leading industry of the national economy; bank credit and the development of real estate industry have shown inextricable links. In recent years, the real estate price of some cities in China continues to rise rapidly. This article embarks from the relation between the development of the real estate industry and the bank credit, studies the mutual influence of China´s real estate price inflation and the bank credit support, using qualitative and quantitative methods, and makes the reasonable judgments of China´s real estate market. The result shows that China´s real estate price rises fast under the push of the bank credit funds, while the real estate development is too dependent on the bank credit, if some link of the real estate industry gives rise to the problem, the banking industry will have the huge risk.
  • Keywords
    banking; property market; Chinas real estate price inflation; bank credit expansion; national economy; Banking; Cities and towns; Economics; Investments; Loans and mortgages; Marketing and sales;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science (MASS), 2010 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-5325-2
  • Electronic_ISBN
    978-1-4244-5326-9
  • Type

    conf

  • DOI
    10.1109/ICMSS.2010.5577527
  • Filename
    5577527