对我国房地产信托投资的再思考

Reconsideration on Real Estate Trust Investment in China

我国的房地产融资完全依赖商业银行,致使银行承担很高的信用风险,积聚经营风险。阐明为了减少银行信用风险,解决房地产融资问题,大力发展房地产信托投资的可行性;还运用经济学原理解释目前房地产信托投资的总体规模偏小的原因,并提出改善的方法。

Financing of real estate in China mostly depends on commercial bank, which brings on higher credit risk and accumulates management risk. In order to reduce the bank＇s credit risk and solve the problem of financing of real estate, this paper accounts for the feasibility of developing energetically real estate trust investment. Furthermore, this paper takes advantage of economics principle to make clear the reason about actual scale of real estate trust investment and provides related resolution.