Problems And Solutions of Real Estate Industry in China
DOI:
https://doi.org/10.54097/4d3evj83Keywords:
Real estate bubble; financing; unfinished buildings; real estate market.Abstract
Since real estate industry is one of the national pillar industries in China, therefore, it has great contributions to China’s economy and society. for example, promoting the Chinese economic growth in the long-run, and it provide financial support to government and benefits for cities development. Secondly, real estate also helping the development of relevant business, creating large amount of job opportunities to society, for residents, they can enjoy higher living standard. However, at same time of rapid development of real estate industry and economic boost, they exist series of problems that harmful to society like real estate bubble, unfinished buildings and cooperates financing difficulties. aiming at these problems, this paper suggest that government can through promulgate some new policies, laws, and establish the compete financing channel mechanism to solve these kinds of problems. The target of this study is to help real estate industry in China keep healthy development.
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