The Influence of Real Estate Securitization on House Price based on System Dynamics

摘要：

This paper builds a model based on system dynamics method with the principle of real estate economics to simulate the influence of real estate securitization on house price. The conclusion is that real estate securitization makes a little influence on the developer, and makes the house price rise by improving the buyers buying ability. It follows that it is possible to make use of the securitization to bring the real estate industry into play at times of economic depression, and then to drive the whole national economy. In addition,the paper brings forward the advice that real estate securitization should be treated carefully because there are also some threats caused by securitization.

关键词： Real estate securitization House price System dynamics

作者: Ying Li Haigang Lu Hongduo Cao

作者单位: Associate Professor Management Science Department Sun Yat-sen University Guangzhou City in China Master Student Management Science Department Sun Yat-sen University Guangzhou City in China

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 1253-1262

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）