保障性住房融资模式探讨

NO: 山东经济学院课程论文(论文)设计(论文)题目:保障性住房的融资模式探讨学姓号：名：2008090127杨雪蕊工商管理学院（部）房地产经营管理专业08届山东经济学院教务处制2011年6月24日目录一、我国保障性住房发展历程......................................................................................................................4页二、我国保障性住房现状..............................................................................................................................5页三、保障性住房建设存在巨大的资金缺口（一）公共租赁住房的资金压力最大..................................................................................................6页1．公共租赁房将成保障房的发展重点.............................................................................................6页2．相对于销售类的保障性住房，公共租赁住房面临着更为严重的资金困境.............................8页（二）当前公共租赁住房建设和运营中长期贷款发放模式..............................................................8 页四、住房融资模式1．融资模式之一——灵活的融资方式.............................................................................................9页2．融资模式之二——采用BT模式.................................................................................................9页1.融资模式之三——按揭贷款.......................................................................................................9页2.融资模式之四——深化银政合作模式，搭建融资平台...........................................................9 页3.融资模式之五——积极试行专户模式......................................................................................10页4.融资模式之六——证券化.........................................................................................................10页5.融资模式之七——整合产业资源，稳步推进REITS模式保障性住房的融资模式探讨摘要近年来我国房地产市场持续升温,住房价格不断攀升,住房问题已成为我国城市社会中最热门的民生话题,尤其是低收入阶层等弱势群体的住房困难,更是全社会关注的重点。

建立健全住房保障体系、保障广大低收入家庭能够住有所居,促进房地产业和谐健康发展,成为各级政府的工作重点和难点。

资金是是目前制约保障性住房发展的主要瓶颈。

如何适应城市当前阶段的发展要求、结合保障性住房特点,积极探索创新融资模式,多渠道筹集资金、满足其建设需求,成为保障性住房健康快速发展亟需解决的关键问题。

本文选取保障性住房这个当前社会热点问题为研究对象,以保障性住房融资模式为核心研究内容,力求摸索建立具有推广意义的保障性住房融资模式,形成政府主导、市场运作、多方参与、利益共享、风险共担的保障性住房融资新格局的良好局面。

关键词：BT模式，投资，保障性住房，资金Financing of affordable housing discussionABSTRACTIn recent years China's real estate market continues to heat up, housing prices continued to rise, creating huge economic benefits at the same time,the housing market support functions lag issues have been exposed.Current ousing problems in urban society has become the hottest topic of people's livelihood, especially in low-income housing difficulties and other vulnerable groups,is the focus of attention of the community.Establish and improve ousing security system, protect the low-income families and housing, to omote harmonious and healthy development of the real estate industry, all levels of government work emphasis and difficulty. Funds is restricting the development of affordable housing a major bottleneck.Because affordable housing properties with a quasi-public goods and positive externalities,cost-effective is not obvious,the market mechanism in this area is part of the failure, there must be government intervention.But neither can the government take responsibility for the construction of affordable housing, affordable housing projects face a huge demand for funds,local funds there is a huge financial gap.How to adapt to the current stage of development of thecity, combining the characteristics of affordable housing,and actively explore innovative financing models,multiple channels to raise funds to meet the building needs to become healthy and rapid development of affordable housing needed to solve key issues. This selection of affordable housing in the current hot issues for the study of social,affordable housing financing model as the core of the content, designed for the financing of affordable housing in the initial combing and research to find the crux of the financing problems,and explore crack funds for construction of affordable housing puzzle direction. Sought to explore the establishment of a meaningful promotion of affordable housing financing model,the formation of the government-led,market,multi-stakeholder involvement,benefit sharing, risk sharing of a new pattern of financing affordable housing a good situation.In this study,for accelerating the development of affordable housing in our country has a strong theoretical and practical significance.BT mode,Investment ,Affordable housing，FundsKeywords：BTmode，Investment,Affordable housing,fouds一、我国保障性住房发展历程在房地产市场化改革之前，福利分房或保障房是绝大多数城镇居民解决住房问题的主要途径。

1998年国务院发布《关于进一步深化城镇住房制度改革，加快住房建设的通知》，规定停止福利性分房，建立以经济适用房为主的住房供应体系。

2003年国务院发布《关于促进房地产市场持续健康发展的通知》，正式明确将房地产业作为国民经济的支柱产业。

2003年后，经济适用房的投资完成额就进入了低增长甚至负增长时期，经济适用房的投资完成额占住宅投资完成额的比例由之前的10%以上，逐年下滑到2%左右。