Analysis On The Regulation Effect Of China 's Financial Policy On Real Estate Market

Since the real estate market turned to reform, especially the high speed in the last10years develops, the real estate profession has already formed the support industry of our country gradually, real estate the development invest a total amount to have GDP specific weight in1986only is1%, but have already been up to12.13%till2010, Its industry chain long, the connection effect is thus directly or indirectly strong, can arouse many developments that up and down visit industry to the residents’ consumption, extension inside need, increment employment with help the national economy development creation a series to pull action to use;When the real estate profession quickly develops, is that the most impressionable building price presented a fast-soaring situation, this also at the same time brought a resources allocation the disequalibrium and property foam accumulate to gather, the financial system risk promote even social stability etc. a series of problem, for promise the stability of the market of real estate and healthily develop, nation must to the real estate profession carry on a series of of macro view adjust to control, among them financial policy of adjusting and controling first hit, national nearer year of for many times made use of interest rate, deposit a reserve rate, letter loan the scale control and head pay a proportion the control etc. several meanses to carry on the real estate adjust to control, also obtained certain result, but because of building ground the field profession exist bigger complexity, such as urbanization progress under the high-speed development of supply disequalibrium and land public finance phenomenon outstanding, to the bank lend money of high dependence, region development of pole unbalance etc. factor, resulted in to adjust to control oneself difficulty more big, at the same time the appreciation of the mobility excess, Reminbi in the macroscopic economy expectation, monetary policy existence Zhi all result in the financial policy adjust to control an effect of weaken, pass substantial evidence analysis and discover in each financial tool make use of in to the real estate price influence bigger is letter loan scale, the interest rate means is inside the long term influence real estate price, but short date influence be partial to weak, exchange rate motion also to the real estate price have just to of influence.Experience and precept passed to contrast a flourishing national region to adjust to control to see, too relaxed and too strickly adjust to control the influence that will bring extremely and seriously to the real estate market。...