Changes in the Real Estate Market in China and Its Impact on the Local Real Estate Market: Taking Junfa Group as an Example
- DOI
- 10.2991/978-94-6463-052-7_71How to use a DOI?
- Keywords
- Case study; the real estate market; influence of macro market; suggestions on the countermeasures
- Abstract
In recent years, the local real estate downturn and the bankruptcy crisis of real estate enterprises caused by the change of China’s national real estate policy. This paper mainly studies the impact of policy changes on the real estate market in China. Taking the Junfa group in Yunnan province as a case, this paper analyzed the influence of macro market downturn on the micro market and evaluate the response policies of leading real estate enterprises in Yunnan Province to offset debts with assets and grant provident fund loan subsidies and put forward suggestions on their overall development and follow-up response, such as issuing medium tickets and developing regional targeted real estate projects.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Jiamo Sun PY - 2022 DA - 2022/12/27 TI - Changes in the Real Estate Market in China and Its Impact on the Local Real Estate Market: Taking Junfa Group as an Example BT - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022) PB - Atlantis Press SP - 609 EP - 618 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-052-7_71 DO - 10.2991/978-94-6463-052-7_71 ID - Sun2022 ER -