The Study Of Real Estate Credit Risk Of China’s Commercial Banks Under The Austerity Real Estate Policy

The real estate industry is a typical capital-intensive industry, but due to China’s realestate financial market system is not perfect, commercial bank credit to the dominant patternof real estate financial markets continues. The Real estate financial markets over-reliance oncommercial bank lending and bank credit funds accounted for a higher proportion of realestate corporate funding sources, increase the risk of the commercial banking system, leadingto the real estate market is subject to the enormous impact of policy changes. Since2010, inorder to curb the soaring housing prices, the government introduced a dense and severetightening of regulation and control policy, hoping to fully release a variety of market risksbrought about by real estate prices rising rapidly and excessive credit through a period ofadjustments. However, for commercial banks, real estate credit expansion has accumulated agreater risk. Once real estate prices fell sharply, a variety of hidden real estate credit risk willgradually expose, thus threatening the quality of commercial bank assets. Therefore, in thecurrent policy of tightening real estate regulation, study of commercial bank real estate creditrisk and do a good job of preventing and controlling the risk of preparation has importanttheoretical and practical significance.The main content of this article is divided into six chapters: The first chapter describedthe background and significance of the topic, summarized and reviewed the status and resultsof domestic and foreign scholars on the real estate credit risk, and through analysis to find theentry point of this study. The second chapter analyzed the real estate credit risk theory, themain real estate bubble theory, asymmetric information theory and financial fragility theory asthe theoretical cornerstone for full-text. The third chapter divided the stages of developmentof China’s real estate credit and conducted in-depth analysis of the real estate credit businessstatus quo. The fourth chapter is the study of the main risk of China’s commercial banks realestate credit at this stage. The fifth chapter, from an empirical point of view, analyzed the realestate credit risk factors and the effect size on the basis of the analysis of these severalchapters, using the VAR model. Chapter VI proposed the policy recommendations to preventthe credit of commercial banks in China Real Estate, hoping to provide helpful hints tocommercial banks about fully aware of the hidden risk of real estate credit in advance.