房地产市场过热与金融风险——从美国次级贷款危机谈起  

Overheated Real Estate Market and Financial Risk-Evidence from Subprime Loan Crisis in America

作　　者：范俏燕[1] 

机构地区：[1]浙江财经学院,浙江杭州310012

出　　处：《金融理论与实践》2008年第1期69-73,共5页Financial Theory and Practice

摘　　要：美国次级债危机成为近期全球投资者关注的焦点,虽然目前我国发生次级抵押贷款危机的条件不具备,但楼市火爆、房价攀升、房贷市场增长、通胀率较高、利率不断提高,这些都与美国发生次级房贷危机前的金融背景非常相似,我国同样存在危机的隐患。本文首先分析我国房地产价格持续走高的原因;其次通过设立模型,研究发现金融支持的增加将引起房地产价格上升;最后通过探讨当前我国商业银行房地产信贷的风险,提出预防住房抵押贷款危机,加强金融风险防范的可行性建议。The subprime loan crisis in America has bcome the focus of concern for investors all over the world. Although the conditions are not yet available for subprime loan crisis in China, the two backgrounds are very similar from the aspect of overheated real estate market, sustained high real estate price, high inflation, and increasing interest rate. The hidden danger actually exists in China. This paper analyses the causes for the sustained high real estate price. Then, through setting up a model, it discovers that the financial support would raise real estate price. Finally, it probes into the current risks of real estate credit in China＇s commercial banks and provides some feasible suggestions for preventing real estate mortgage loan crisis and tightening financial risk control.

关 键 词：房地产信贷 房地产价格 过度支持 金融风险 

分 类 号：F832.45[经济管理—金融学]