Analysis of the loan suspension fiasco from an economic perspective

Jie Yang

doi:10.54097/hbem.v8i.7230

Authors

Jie Yang

DOI:

https://doi.org/10.54097/hbem.v8i.7230

Keywords:

Loan Suspension; Mortgage; Real Estate Industry; Economics; Term Housing System.

Abstract

The importance of the real estate sector to China cannot be overstated, but the recent loan suspensions have had a definite impact on the Chinese property market, with several banks and brokerages showing weakness and an increase in non-performing loans in the face of the liquidity crisis in the real estate market. Investigating the causes of the loan suspension is of great importance to the study of the stability of the real estate market. This paper will use the loan suspension as an entry point to give an analysis of the importance of the real estate sector and point out the important role of real estate in China's economic growth. It will then analyze the relationship between supply and demand in China's commodity housing market from a micro perspective and finally speculate on the causes of the loan suspension by combining micro and macroeconomics.

Downloads

Download data is not yet available.

References

Hao Shuya, & Yu Changping. (2019). Analysis of the importance of the real estate industry to the national economy. Northern Economic and Trade.

Ji Honglin. (2018). Analysis of the impact of fiscal policy on the real estate industry and countermeasures. China Market, (4), 92-93.

Zhang Xiaojing, & Sun Tao. (2006). The real estate cycle and financial stability in China. Economic Research, 41(1), 11.

Fang, Jun-Chrome, & Zhou, Xue-Gang. (2022). Analysis of the current situation and development trend of real estate industry under the policy of "housing and housing without speculation". Paper Equipment and Materials, 51(4), 3.

Wang, Dan. (2017). An analysis of the impact of policy environment on the real estate industry. Economic and Trade Practice (17), 1.

Liu, Hongyu, and Wang, Songtao. "Analysis of Price Stabilization Effects in the Term Housing Market and Policy Options for Term Housing." Urban Issues 6 (2006): 95-101.

Liu, Jing-Jiao. (2013). Real estate bubble and government regulation policy (Master's thesis, Tianjin Normal University).

Shi, Miyan, & Meng, Fanbing. 2011 A new species of the genus Shi, Miyan, & Meng, Fanbing. (2021). An analysis of financing problems of real estate enterprises in China. China Market.

Yu, X.F., & Zhan, D.S.. (2022). Spatial patterns and influencing factors of house price indices in 70 large and medium-sized cities in China. Journal of Huazhong Normal University (Humanities and Social Sciences), 61(1), 40-51.

Yuan Ziwen. (2021). Study on the impact of population agglomeration on the price of commercial housing in Chinese cities (Master's thesis, Jilin University).

Wang, W., & Lu, Z.. (2021). Real estate bubbles and systemic financial risk prevention. International Financial Studies, 1.

Zhang Hongwu. (2022). The significance of Japan's "high to low" economy for China's economic development. Technology and Economic Markets.