Title :
Research on public-private financing mode of public rental housing and its selection
Author :
Shan Xue-qin ; Ye Xiao-su
Author_Institution :
Fac. of Constr. Manage. & Real Estate, Chongqing Univ., Chongqing, China
Abstract :
The construction of public rental housing is an important measure for developing China housing guarantee system. Because the construction of public rental housing is lack of financial funds and private capital without suitable investment channels is very rich, the idea of introducing private capital to participate in public rental housing construction through innovative financing modes has been put forward. This paper has also reviewed the literature on the private capital involved in public rental housing construction. And by analyzing public-private financing mode and the characteristics of public rental housing from four aspects such as cost transfer, risk sharing and project investment recovery and project control, this paper has concluded that PPP(Public-Private Partnership) financing mode is more superior and suitable for the financing of public rental housing construction.
Keywords :
construction industry; financial management; property market; public administration; venture capital; China housing guarantee system; PPP financing mode; cost transfer; financial funds; innovative financing mode; private capital; project control; project investment recovery; public rental housing construction; public-private financing mode; public-private partnership; risk sharing; Contracts; Economics; Fabrication; Finance; Government; Investments; Standards; PPP mode; financing mode; public rental housing; selection;
Conference_Titel :
Management Science and Engineering (ICMSE), 2012 International Conference on
Conference_Location :
Dallas, TX
Print_ISBN :
978-1-4673-3015-2
DOI :
10.1109/ICMSE.2012.6414414