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- W2380099993 abstract "According to the anafysis framework of contract theory,this paper analyzed the house pre-sale contract with fixed price that is more common in Chinese real estate market.First of all,we studied the house prosaic contract model without financing involved and found that incentive exists in the fixed price contract,but developers fail to undertake the matching risk while sharing output of the contract,which leads to insufficient incentive effect of fixed price contract:Secondly,we established the general house pre-sale contract model(considering financing and tax) which is more close to the reality of China and analyzed the problem of macro-control in pre-sale housing markets.Through the comparative study we found that allowing developers to finance by the pre-sale system can prevent housing price rising.Finally, we constructed the macro-control function and researched the feasibility of government's regulation on forward delivery housing market through the coordination of macroeconomic control variables." @default.
- W2380099993 created "2016-06-24" @default.
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- W2380099993 date "2010-01-01" @default.
- W2380099993 modified "2023-09-23" @default.
- W2380099993 title "Fixed price contract model of pre-sale housings" @default.
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