Real Estate Market Developments and Financial Sector Soundness
Real Estate Market Developments and Financial Sector Soundness
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房地产市场发展和金融部门的稳健性
DOI：
10.2139/ssrn.879898
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发表时间：
2001
期刊：
影响因子：
--
通讯作者：
Lisbeth Stausholm Zacho
中科院分区：
文献类型：
--
作者：
Paul Hilbers;Qin Lei;Lisbeth Stausholm Zacho
本文分析了房地产市场的特征和功能。它侧重于这些市场的发展与金融部门之间的关系，以确定在什么情况下房地产会出现繁荣和萧条，以及它们如何影响金融体系的健康和稳定。报告的结论是，房地产价格发展不平衡往往会导致金融部门陷入困境，应在金融部门评估的背景下密切监测房地产市场的趋势。
This paper analyses the characteristics and functioning of real estate markets. It focuses on the relationship between developments in these markets and the financial sector to determine under what circumstances real estate booms and busts can develop and how they can affect the health and stability of the financial system. It concludes that unbalanced real estate price developments often contribute to financial sector distress and that trends in real estate markets should be monitored closely in the context of financial sector assessments.