RealEstate房地产范本.ppt

REAL ESTATE;China housing market幻灯片 18;Ⅰfinancial conceptMortages loans;Collateral;REITs;;A?real estate bubble occurs periodically in?real estate?markets, typically following a?land boom（the rapid increase in?valuations?of?real property）until they reach unsustainable levels and then decline in a bubble.;The limitation and scarcity of land resource;further drives demand, prices go up;Main characteristics;Bubble burst!; Real estate market collapse ;;Subprime Mortgage Crisis ;;;U.S home prices;Subprime Mortgage Crisis ;;Real estate in China has experienced a remarkable expansion in recent years……;It reached its most rapid expansion between 2002 and 2009, when average housing prices triple. ;House price change (Shanghai) % change over a year earlier ;Reasons for the rapid rise in housing price:;Factors influence real estate.;;CPI ：consumer price index HSPI：housing sale price index;;Questions: who can enjoy this policy? 2.what is the difference between the “930 policy” in 2014 and in 2015?;GROUP 6