Revelation Of Subprime Mortgagee Crisis In America Towards Housing Finance In China

Theses days ,subprime mortgagee crisis in America is concerned about economy and real estate over the world. It affects the global financial. It have a serious impact on to many countries in the economic development of Europe and the United States . In the global economy against the background of the affected,in order to prevent a similar tragedy from happening again in our country, in this paper, the subprime mortgagee crisis in the United States on China's housing finance as the main theme of the Enlightenment had a more systematic study.Discussed the concept related to the housing finance and real estate market, through the course of the development of real estate analysis in United States, come to the unity between the development of real estate market and of the housing finance, and the two promote each otherIn the after,it details the concept ,mechanism and the reasons for the outbreak of subprime mortgagee crisis in America. This paper analysis of the causes of the crisis from the real estate market and the housing finance,and comes to the conclusion that instability in the development of the real estate market is the direct causes of this crisis, and housing finance problems are the underlying causes of the crisis.Compareing to the real estate market through the course of the development in China's and the real estate market in United States,it comes to that the development of China's real estate market trends to the United States,that they are in the same period which is after the prosperity of the time. It is difficult to avoid the potential risks in housing financial crisis,but the risks can be controlledin a in the framework of security. From the mechanism of crisisthis ,paper summes up some the problems of development of our housing finance,and proposals which prevents for the crisis.