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衡水翻譯公司關鍵字：(2) financial risk. Financial risk refers to the real estate investor use of financial leverage, the use of loan conditions, both to expand the scope of investment profits, but also increased uncertainty, the increase in operating income is insufficient to repay the debt.The causes of real estate investment riskThe available information is incomplete, inaccurate hasty investment decisions. Based on the information is not accurate enough, or preliminary research is not fine, and the project of purchasing power is expected to be too optimistic about sales prospects, there will result in the use of the original estimate with a larger deviation.Unexpected adverse macroeconomic situation changes, which cause a variety of risks. Which in recent years economic life are often encountered. As follows: First, in previous years, serious inflation, price increases, inducing prices of building materials, the project cost follow up; Second, monetary policy and credit policy issue. Such as banks tightening means for real estate financing or liquidity risk. Third, the real estate supply and demand situation changes. Serious shortage of housing supply situation has become history, present situation is an oversupply, prices would decline naturally, more difficult sales, marketing costs increased, Forward House sales almost impossible. Fourth, the real estate policy and the resulting climate. If the current focus of banks from real estate to support the "development" to "buy", just is not conducive to development and the need to continue to invest in real estate projects carried out.
Subjective developer supply and demand situation on the real estate market, real estate policy, financial policy, understand, judge, or take on the deviation. Specific performance: the developers too believed in his "feel", but actually "feel" wrong or backwards. If the developers believe that they will be too easy to find the "next home", will sell the project, while not actually do so; some developers on a project in decision-making when considering only the analysis of market supply and demand situation of the moment, but did not the development cycle factors into account, the result of supply and demand, "this moment was," or on market estimates and projects to determine their own advantages too optimistic, leading to sales difficulties; there's developers too much believed in his "Road" (that is, through the "relationship" to get "good project" capability), and business strength (strength development, management ability, marketing ability) insufficient or weak, the project operation is difficult to achieve the desired business results.In addition, natural disasters and accidents also lead to real estate development and construction risks in the cause.How to correctly estimate and evaluate a real estate investment risk? The usual approach is to calculate the rate of investment risk, which is calculated with the following.(A) the use of international real estate investment industry, the three indicators used to identify1 real estate investment business rate. All income real estate can bring operating expenses are inevitable. Profit to maintain its ability to make money. Business investment rate was used to determine whether the reported net operating income is realistic
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