房地产市场基本理论.ppt

Characteristics of real estate market 对金融的依赖 Dependent on financial policies --取决于房地产价值量大，投资回收期长 It takes a long time to get back the investments in real estate because of the huge amount and long-term cycle. 政府干预 Government intervention -- 主要取决于土地的所有权性质,和住房的特殊性以及城市规划 Because of the ownership form of land，public policies concerning housing and urban planning. 房地产市场均衡 Market equilibrium of real estate market Market equilibrium of real estate market 供给对需求的反应过程 Supply response to demand -- 当需求上升时 Demand increases -- 当需求下降时 Demand decreases 供求平衡 Demand-supply balance 供求失衡 Demand-supply imbalance -- 总量供不应求 Short in supply -- 总量供大于求 Excessive in supply -- 结构性失衡 Structural imbalance 四象限模型 Four-quadrant diagram Four-quadrant diagram Four-quadrant diagram Four-quadrant diagram Four-quadrant diagram Four-quadrant diagram 学会用经济学理论和术语分析问题 Learn to use economic theory and terms to analyze the markets 四象限模型的主要贡献在于分清了资产市场和使用市场 The main contribution of four-quadrant diagram is that it distinguishes the asset markets and the property market 四象限模型的缺陷：不适合于分析房地产市场的短期动态变化，其缺陷是不能跟踪分析市场实现均衡的瞬间变化 The main deficiency of four-quadrant diagram is that it can not analyze the short-term variation of real estate market 本章课后阅读： 教材第一章 Reading package -- The Property and Capital Markets Ⅰ Questions 什么是房地产市场？列举房地产市场细分？ What the definition of real estate markets? Enumerate the market segmentation? 什么是房地产市场需求？其影响因素有哪些？ What is the demand of real estate market and its affecting factors? 偏好和对市场的预期怎样影响房地产需求？ How do the preferences and expectations affect demand? 怎样理解房地产市场需求特征？ How to understand the characteristics of demand ? 什么是房地产市场供给？ What is the supply of real estate? 你认为当前你所在城市的房地产市场供求平衡吗？ Do you think the demand and the supply of the real estate market in your city is in balance ? 2010年下半年以来国家和地区的房地产政策有哪些变化？