haku: @indexterm Economic policy / yhteensä: 1745
viite: 204 / 1745
| Tekijä: | Wang, Quanmin |
| Otsikko: | Lowering interest rate of bank and price of commodity housing (original in Chinese) |
| Lehti: | Research on Financial and Economic Problems (c)
1999 : 7, p.17-18 |
| Asiasana: | PRICES HOUSING HOUSING FINANCE INTEREST RATES ECONOMIC POLICY CHINA |
| Kieli: | chn |
| Tiivistelmä: | The reduction of bank interest rate has effects on the price of commodity housing in the following aspects: It makes possible for developers to lower the price of commodity housing; it is good for increasing effective supply of real estate as well as effective demand, which makes people to be more optimistic on the price of economical houses. Continual reductions of interest rate result in higher pressure on decreasing the price of unused commodity housing. It is believed that there is still certain space for lowering bank interest rate. It is necessary to hasten the development of housing finance, expand the housing consumption of residents, and encourage investments in real estate purchase. |
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