The Influence of Interest RateReduction on the Real Estates
Geng Jing Yuan Chunxiao Fei Li
DOI:10.11835/j.issn.1674-4764.1998.06.014
Received ,Revised , Accepted , Available online July 01, 2015
Volume ,1998,Pages 71-72
- Abstract
The fluctuation of interest rate may affect the market of real estate.In Oct. l997,the central bank declared the interest rate reduction.This will promote the investment in the field of real estate,on the other hand,the developers' interest burden will be reduced as well.Thus,the cost of building will be declined and its price also will fall.At present,if we want to stir the real estate market,the overstocked buildings must be sold .The decline of interest rate makes the goal possible to reach.