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Financing of Low-Rent Housing REITs in China

Author

Listed:
  • Liu Xiaoxin
  • Wu Di
  • Li Xiuting
  • Dong Jichang

    (School of Management, University of Chinese Academy of Sciences, Beijing100190, China)

Abstract

Taking the special features of the Chinese real estate market and financial market into account, this paper explores the application of real estate investment trusts (REITs) in low-rent housing and introduces an agent-based simulation model for low-rent housing REITs in the issuing and trading markets. Overcoming the difficulty of lacking relevant REITs models and data in China, We find that how the rental income and government subsidy, market fixed interest rate, dividend proportion of low-rent housing REITs and market surplus fund influence the financing of low-rent housing REITs.

Suggested Citation

  • Liu Xiaoxin & Wu Di & Li Xiuting & Dong Jichang, 2013. "Financing of Low-Rent Housing REITs in China," Journal of Systems Science and Information, De Gruyter, vol. 1(1), pages 1-21, February.
    • Handle: RePEc:bpj:jossai:v:1:y:2013:i:1:p:1-21:n:1
    DOI: 10.1515/JSSI-2013-0001
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    References listed on IDEAS

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