实物期权视野下的房地产投资决策

On the Investment Decision of the Real Estate from the Perspective of Real Option

实物期权思维改变了传统的投资分析方法和投资决策过程,房地产投资受到很多不确定因素的影响,因而投资者在投资过程中必须面对大量的实物期权,正确把握不确定性给投资带来的价值,科学利用实物期权理论才能使投资者能获得最佳的投资效益。

The thought of real option changes the traditional investment analysis method and the investment decision process. Because real estate investment is influenced by many uncertain factors, the investors face a lot of real options in the process of investment. Only by grasping the value resulting from uncertainty and taking advantage of the real option theory can investors obtain the optimal investment results.