房地产财富效应的行为金融学分析

Financial Behavior Analysis of Possessing Wealth from Real Estates

本文试图从行为金融学的预期理论、财富幻觉、过度反应和从众心理角度,对我国房地产财富效应进行解释,希望能给理论研究者、投资者带来新的启发。

when researching our counrtry＇s wealth affect of the real estate, I put the perspective of the expense function aside,this article carries on the explantation from the behavior finance rearch angle to our contry＇s real estate wealth effect. I attempt to through the expectation theory of the behavior finance study ,the wealth illusion,and the crowd psychology, to discovered that the effect of the subjective factor and the psychological factor to the real estate wealth effect,and hope to bring new inspiration to the theory researcher and the investor.