Study of Real Estate Financing Risk and Prevention under Macro-Control Policies

Abstract

Real-estate enterprises are capital intensive. Capital gives a great impetus to the development of real-estate enterprises. Under the current macro-control policies, however, the financing channels of real-estate enterprises are getting narrower and narrower. It is becoming more and more difficult to finance, which leads to risk-rising. The paper measures financing risk of real-estate enterprises through the quantity model of financing risk that obeys normal distribution. It concludes that the real-estate financing risk has increased by a large margin with frequent introduction of macro-control policies these years. Financing risk is the main one in real-estate enterprises, which means macro-control policies can strongly affect real-estate financing risk. On basis of the researches about financing risk, this paper puts forward relevant policy suggestions to prevent financing risk and promote stable and healthy development of real-estate industry.