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在现代经济中,房地产不仅是一种重要的、能够直接用于生产和消费的物质财富,是家庭财富和企业资产的重要组成部分,其虚拟资产的特性也在不断增强,从而使房地产成为除金融资产以外的另一种重要的虚拟资产。房地产的虚拟资产特性主要表现为由资本化定价方式决定的价格的强波动性。同时,抵押贷款的证券化加强了房地产与金融市场的联系;房地产投资的国际化使各国房地产市场更紧密的联系在一起。
In the modern economy, real estate is not only an important material wealth that can be directly used for production and consumption, it is an important part of family wealth and enterprise assets, and its characteristics of virtual assets are also constantly increasing, so that real estate becomes Another important virtual asset beyond financial assets. The virtual asset characteristics of real estate are mainly reflected in the strong volatility of the price determined by the capitalization pricing method. At the same time, the securitization of mortgage loans strengthens the connection between real estate and financial markets; the internationalization of real estate investment has brought the real estate markets of various countries closer together.