With 2008 global financial crisis, not only slow world economic growth, but also directly or indirectly impact on our economic growth. Today the government to implement a proactive fiscal policy and loose monetary policy, the dual stimulation, the Chinese real estate market gradually develop steadily from 2007 to the rational over the apparent over-heated period of adjustment. January 2009 real estate market started to recover, house prices gradually picked up. At the same time, the real estate market, there's some obvious problems and has not been alleviated, the contrary to be getting worse.
As the real estate transactions, the object is not moving, complex, leading to an open between the providers and buyers there is a serious problem of information asymmetry. Today, universal access to the domestic economic crisis and the impact of significantly lower income growth, rising unemployment and prices rise, not fall. Home buyers and open the information asymmetry between providers is exacerbated by high house prices and low-income between the level of contradiction. At the same time the real estate market information asymmetry has also led to irregularities in the market, the market a serious waste of resources, consumer interests are damaged, triggering adverse selection and moral hazard, among others. This
With the status quo of China's real estate market information asymmetry on the type of real estate information asymmetry, causes, hazards analysis, and how to improve the information asymmetries put forward countermeasures and suggestions. Hope that China's stable and healthy development of real estate continued to provide a meaningful reference.
Keywords: real estate developers, home buyers information asymmetry stable development
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