论文部分内容阅读
在货币政策中性化的背景下,加速房地产金融风险化解的重要途径,是推动资产证券化,尤其是住房按揭贷款证券化的进程。中国房地产整体供过于求的拐点出现在2013年,目前已经显露得比较充分。房地产从1998~2013年长达15年的快速增长,得益于货币化、城市化和人口总量和结构的变化。而目前,就货币化而言,未来中期货币政策保持中性,利率市场化加速推进的可能性较大,将迫
In the context of monetary policy neutralization, an important way to speed up the real estate financial risks is to promote the process of asset securitization, especially the mortgage-backed securitization. The inflection point of China’s overall oversupply of real estate appeared in 2013 and has now been revealed more fully. Real estate has grown at a rapid rate of 15 years from 1998 to 2013 thanks to changes in monetization, urbanization and population composition and structure. At present, in terms of monetization, the monetary policy in the medium term will remain neutral in the future, and the market-based interest rate is more likely to be marketed at an accelerated pace and will be forced to force