Research On Real Estate Financial Risk And Precautionary Countermeasures In Baoding City

In recent years,the real estate industry in Baoding has gradually become a pillar industry in the economic development of Baoding,and has made important contributions to the sustained economic growth of Baoding City and the continuous increase of fiscal revenue.With the rapid development of real estate market and capital market in Baoding,real estate finance has developed rapidly.The rapid increase in real estate prices has exceeded the range of affordability afforded by residents.As a result,the real estate financial risk in Baoding continues to grow,resulting in excessively high price-to-income ratios and households.With the rising leverage of home purchases,the financial risk of real estate in Baoding is at a higher level.This makes preventing financial risks in real estate and maintaining financial stability become the primary task for the economic and financial development of Baoding City in the current and future periods.Therefore,it is of great theoretical and practical significance to study the real estate financial risks in Baoding City and their countermeasures.Firstly,this article analyzes the process of real estate financial risk transmission from the perspective of behavioral finance and asset price fluctuation theory;secondly,it analyzes the real estate financial development status and existing risk of Baoding City;then it establish an early warning system for real estate financial risks,and use the Grey model to predict the financial risk of real estate in Baoding in the next four years which bases on the endogenous and exogenous risk index system.Finally,based on the empirical research conclusions,this paper aims at real estate finance and operational risks in Baoding,from reducing the asset-liability ratio of the real estate industry,improving land policies,raising investors' awareness of rational investment,strengthening the prevention and control of bank operational risks,and improving the effectiveness of real estate financial regulation policies.To strengthen the supervision of real estate financial risks and other aspects,put forward measures to prevent the endogenous and exogenous risks of real estate finance in Baoding.