Research On Optimization Of Investment Strategy Of Housing Provident Fund In Z City

From March 2015 to the end of 2017,house prices in first-tier cities have maintained continuous growth,with a cumulative growth rate of more than 40%.Until the first half of 2018,the housing market has gradually shown a steady trend,and even some cities have seen a slight decline.Many experts and scholars will The surge in housing prices in first-tier cities is seen as a monetary phenomenon.The market with relatively loose monetary environment and the gradual scarcity of high-yield financial assets have formed a market effect and formed a synergy,which has led to the introduction of funds for chasing capital into the property market of major cities,which has promoted the overall housing prices of these cities to grow faster than the rapid growth.During this period,the real estate industry has also become the investment of choice for the general public.The amount of housing accumulation fund and the amount of loans related to it have risen all the way,far exceeding the growth rate of collection funds and recycling loans.Some cities and states have even exceeded 100% of the housing accumulation fund,which has led to the safety of the housing fund's capital chain.Certainly affected.Under the background of the current restrictions on the investment and use of the provident fund system in China,this paper sorts out and analyzes the operation of the Z city housing provident fund and the irrational structure,narrow investment,low yield of deposit funds,and flow in the investment strategy.The problem of high sexual risk,and through linear regression and data comparison methods,summed up the consequences of the excessive increase in the loan rate of the Z city housing provident fund under the current investment strategy,the contradiction between the yield demand and the liquidity risk.For the problems faced by the Z city housing provident fund,on the one hand,the article sorts out the current strategy of the Z city's provident fund investment,and proposes the determination of the target priority,the use of the normal distribution in statistics and the principle of small probability events to determine the best loan rate,adjustment Several suggestions for logically linking the city's provident fund extraction and loan policies,and the development of short-term deposit products;on the other hand,thisThis paper discusses the possible direction of China's reform of the provident fund system,and on this basis,puts forward some suggestions on the lateral optimization of the Z-city housing provident fund investment strategy.