房地产

Real options in real estate is increasingly becoming a new form of corporate finance, performance for the local real estate enterprises in the development of real estate before the completion of the flats in a number of sets of real estate in the form of options, agreements for sale to the price in advance foreign investors, local real estate sales as a business start-up money into the further development process.

实物期权在房地产正日益成为一种新形式的企业融资，表现为当地的房地产企业在房地产开发完成之前的单位在若干套房地产的形式，选择，协议的价格出售给外国投资者提前，当地房地产的销售作为创业资金投入的进一步发展进程。

Guide commercial banks to effectively identify, measure, monitor and control credit risk in real estate, in August 2003 we began drafting the "Guide", on the first draft of the scope for small and the relevant professional institutions and commercial banks advisory opinion, the revised and listen to the real estate lending representative of the Banking Board and various areas of commercial banks, real estate companies and the Hong Kong region of the real estate lending risk control practice some more prominent banking institutions.

为引导商业银行有效识别、衡量、监测和控制房地产贷款风险，我们于2003年8月着手起草了《指引》，并就初稿小范围征求了相关专业咨询机构和商业银行的意见，修改后，又广泛听取在房地产贷款方面有代表性地区的银监局以及各类商业银行、部分房地产公司以及香港地区房地产贷款风险管控方面做法较突出的某些银行机构的意见。

Project manager in the case of a shortage of senior real estate professionals, also followed salary increase, according to a Beijing foreign invested enterprises Tai Wo enterprise management Consultants Limited issued the latest property remuneration report shows that Beijing's real estate industry overall total remuneration in 2003 after the sharp rise still maintained steady growth, and show larger increase, the survey showed, Beijing's real estate industry in the total level of cash remuneration of the former manager of the 10 top positions, the median annual salary of the Senior Legal Adviser to the value of 174438 yuan, ranking first.

就在高级房地产人才紧缺的情况下，薪水也跟着水涨船高，而据北京外企太和企业管理顾问有限公司发布了最新的房地产薪酬调查报告显示，北京房地产行业的整体总薪酬在2003年的大幅上扬之后仍然保持着稳步的增长，并现出较大的涨幅，调查显示，在北京房地产行业经理层总现金薪酬前十名的岗位排行榜上，高级法律顾问年薪中位值为174438元，排行首位。

It is learned that China's commercial real estate development there are still a number of shortcomings, one of which is the development of the concept of the blind, and some commercial real estate development companies inaccurate positioning of the project, the development of the commercial format is not clear, there is no sequence, such as investment management plan, which led to the development of real estate projects follow-up can not keep up; Second, the existing part of the commercial real estate development enterprises are engaged in housing construction origin, the former in order to sell an end in itself, is an obvious short-term business; while the latter is obtained through the lease operators for the purpose of long-term returns, the differences between the two was not by a clear understanding of corporate decision-makers, at the same time affected the design and planning until the latter part of the management and many other links.

据了解，中国的商业房地产的发展仍然存在着一些缺点，其中之一是发展的概念的盲人，和一些商业性房地产开发公司的定位不准确的项目，发展商业形式目前尚不清楚，也没有序列，如投资管理计划，这导致房地产开发项目的后续行动跟不上，二是现有的部分商业房地产开发企业从事住宅建设出身，前者以销售本身就是一个目标，是一个明显的短期业务；而后者则是通过租赁运营商的目的是长期回报，两国之间的分歧不是由一个清楚地了解企业的决策者，同时影响了设计和规划直至后期的管理和许多其它联系。

Taking Dalian market for instance, the paper introduces the Hedonic theory based on the problem involved in current index.

本文以大连房地产市场为例，在现有房地产价格指数存在的问题的基础上，引入特征价格理论的思想，并结合大连房地产市场的特点以及所具备的统计条件，提出了一种改进的房地产价格指数编制方法，并对改进后的方法的应用过程做了介绍。

With researching the characteristics of producing and developing real-estate production, using ecumenic theories of marking and stratagem management, the paper compares real-estate housing project's marking stratagem with industry project. Then it researches and constitutes program of real-estate housing project's marking stratagem management adapting to real-estate's characteristics. The paper also analyses every process of the program and compares them with ecumenic marketing stratagem management.

本课题从对房地产产品制造和产品开发的特殊性研究出发，结合一般的市场营销和战略管理的理论，比较房地产住宅项目的营销战略和一般制造业项目的营销战略的区别，研究和建立适应房地产特殊性的房地产住宅项目营销战略管理的科学、规范的过程，并且分析了房地产住宅项目营销战略管理过程中的每一个环节，比较其和一般营销战略管理过程各环节的特殊性。

Due to the above problems in ascertaining capitalization rates, it can be assumed that capitalization rate is one of the main factors in causing risks in REA. Thus, the ascertaining of capitalization determines the accuracy of profitable housing properties appraisal. On the other hand, it indirectly influences the rationality of the re-composition of capitals and the structural modulation. Furthermore, it influences the legitimate rights of the privies involved in real estate dealings; it influences the standardization of real estate markets; it influences the risks involved in real estate financing; it also influences real estate taxation.

因此资本化率的确定直接影响收益型房地产估价的准确性，间接影响资产重组和结构调整的合理性，影响房地产交易各方当事人的合法权益，影响房地产市场的规范性，影响房地产融资风险、房地产税的征管工作等各方面；而且目前，对资本化率的确定方法并不统一，有着多种做法，有时这些做法的估价结果相差极大，因此，对资本化率进行深入研究是非常有必要的。

Construction Bank of China Assistant Governor Chen Zoff, the Ministry of Construction Housing Industrialization Promotion Center童悦Chung, deputy director of the CBRC, deputy director of the Department policies and regulations Huang visited the venue and said congratulations, Ministry of Land and Resources Land Use Division Hongzhi, deputy director of the cold, the Ministry of Construction Policy Research Center, deputy director Wang Jue Lin, China Association of Mayors Vice President and Secretary General Tao Siliang, China's Real Estate Association, vice president and secretary general顾云昌, Beijing University of Economics and Management, Associate Dean Cao peace, Beijing International Trust and Investment Corporation board chairman and general manager Wang Xiaolong,今典集团chairman张宝全, Yu Fat Dawnrays Beijing real estate company chairman Zhang Jidong, Chongqing International Trust and Investment Corporation, president of Assistant Sun Fei, China Construction Bank real estate financial services such as general manager Liu Tiemin authority has on China's real estate financial innovation, as well as real estate and urban development of the interactive relations between the in-depth discussion of the Chinese real estate finance and urban sustainable development put forward a series of forward-looking perspective.

中国建设银行副行长陈佐夫，建设部住宅产业化促进中心童悦仲副主任银监会副主任，新闻部的政策和法规黄参观了展馆，并表示祝贺，国土资源部土地利用和资源司宏志，副主任冷，建设部政策研究中心副主任王珏林，中国市长协会副会长兼秘书长陶斯亮，中国房地产业协会副会长兼秘书长顾云昌，北京工业大学经济管理学院副院长曹和平，北京国际信托投资公司董事长，总经理王小龙，今典集团董事长张宝全，北京于发东瑞房地产公司董事长章机洞，重庆国际信托投资公司总裁助理孙飞，中国建设银行房地产金融服务，如总经理刘铁民管理局已对中国的房地产金融创新，以及房地产和城市发展的互动关系深入讨论中国房地产金融和城市的可持续发展提出了一系列前瞻性的观点。

Intermediary services through sound real estate market rules, the strict implementation of the real estate brokers, real estate valuers Directors industry qualification system measures and provide residents with accurate information and convenient services to more fully play the role of intermediary services, real estate, promoting the sustained and healthy development of the real estate market.

通过健全房地产中介服务市场规则，严格执行房地产经纪人、房地产估价师执业资格制度等措施，为居民提供准确的信息和便捷的服务，可以更加充分发挥房地产中介服务的作用，促进房地产市场持续健康发展。

Through the analysis of the reel estate froth and the real estate speculation and embarking from the non-speculative and the speculative demand factor which influence the real estate price, this article carries on the regression analysis using the real estate congenial price mathematical model to determine the real estate froth degree, thus we call it the demand factor modeling.

本文主要通过对房地产泡沫、房地产投机的分析，从影响房地产价格的非投机性和投机性需求因素出发，利用房地产投机价格数学模型进行回归分析来确定房地产包沫度，因而称之为需求因素模型法。

But we don't care about Battlegrounds.

但我们并不在乎沙场中的显露。

Ah! don't mention it, the butcher's shop is a horror.

啊！不用提了。提到肉，真是糟透了。