Financial risk analysis in the background of fluctuations in the real estate economy

Author

Yang Xiao-zhuang ; Wang Jun

Author_Institution

Sch. of Constr. & Refrigeration, Harbin Univ. of Conmmerce, Harbin

fYear

2008

fDate

10-12 Sept. 2008

Firstpage

1726

Lastpage

1732

Abstract

The real estate industry is one of important pillar industries of our national economy. The real estate industry is also a fund intensity industry, and it is closely related to the financial system.. Fluctuations, as a property of the real estate economy, are bound to make an impact on the financial system, leading to great financial risks, and even to a financial crisis, if not under proper control or management. This paper probes into the cause and reasons for financial risks based on the analysis on loan risks involved in real estate development and mortgage risks related to housing purchase; this thesis also makes suggestions regarding policies whose purpose is to prevent financial risks.

Keywords

building societies; construction industry; financial management; industrial economics; risk analysis; financial risk analysis; fund intensity industry; loan risk; mortgage risk; national economy; real estate development; real estate economy; Construction industry; Crisis management; Electrical equipment industry; Financial management; Fluctuations; Loans and mortgages; Marketing and sales; Resource management; Risk analysis; Risk management; financial risks; precautions against risks; real estate economy; ways of financial back-up and support;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on

Conference_Location

Long Beach, CA

Print_ISBN

978-1-4244-2387-3

Electronic_ISBN

978-1-4244-2388-0

Type

conf

DOI

10.1109/ICMSE.2008.4669138

Filename

4669138