Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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Changes in the Real Estate Market in China and Its Impact on the Local Real Estate Market: Taking Junfa Group as an Example

Authors
Jiamo Sun1, *
1New College, University of Toronto, Toronto, M5S 1A1, Canada
*Corresponding author. Email: jiamo.sun@mail.utoronto.ca
Corresponding Author
Jiamo Sun
Available Online 27 December 2022.
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.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
10.2991/978-94-6463-052-7_71
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_71How to use a DOI?
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

risenwbib
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  -