利率市场化对房地产市场的影响.pdf

摘要 中国利率市场化持续了十几年的时间，利率市场化势在必行。而中国房地产 行业最近几年飞速发展，房地产行业供需双方均与利率有着非常紧密的联系。房 地产行业如何面对市场化利率成为影响购房者和房地产开发商必须要面对的现 实问题。市场化利率不仅极大的影响了购房者的购买成本，决定其投资决策，也 影响开发商的融资成本，作为市场的参与方，其对贷款的需求会影响市场化利率 的变化趋势。因此，研究利率市场化对房地产市场的影响是一个需要研讨的课题。 所以本文打算通过研究各个已经成功进行了利率市场化的国家在利率市场 化前后利率对房地产市场的影响的差异，来分析我国在进行利率市场化后，利率 对我国房地产行业会有怎样的影响。同时对我国行政管理当局对进行了利率市场 化之后如何运用利率工具对房地产市场宏观调控给出一些自己浅显的意见以及 对房地产企业如何面对利率市场化后，利率对其的影响。 关键词：利率， 利率市场化， 房地产 ，房地产市场影响 5 Abstract The process of interest rate liberalization in China has experienced for more than ten years, the interest rate market is imperative. The Chinese real estate industry, the rapid development in recent years, the real estate industry, both supply and demand and interest rates have very close links. How to face the real estate industry to become market-oriented interest rates affect home buyers and real estate developers have to face reality. Market interest rates not only a great impact on the buyers of the purchase cost, to determine their investment decisions, also affect the developers financing costs, as market participants, the demand for loans will affect the market interest rate trends. Therefore, the study of interest rate marketization of the real estate market is a need to discuss the issue. So by studying this plan has been successfully carried out in various market-oriented interest rates interest rates market-oriented countries in the real estate market before and after the i