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
Link To Document