【作者】 吴锡华；

【导师】 阮连法；

【作者基本信息】 浙江大学 ， 建筑经济与管理， 2002， 硕士

【副题名】含有风险的收益率计算方法

【摘要】 随着我国加入WTO，市场经济体制进一步完善和规范，产业结构的升级换代，第三产业的比重逐步加大，房地产业作为国民经济基础性、先导性产业之一的地位日益巩固，成为当今主要的投资热点。为适合国际、国内整体形势的需要，用先进的、科学的、完善的理论研究作为房地产业可持续发展的行动指南，有利于促进房地产业的健康发展。 论文通过对房地产投资基本形式和基本特点的介绍，结合房地产投资现状和今后发展趋势的市场环境分析，阐明了房地产投资的市场前途。建立房地产投资应遵循的基本原则，并结合工作实际对现阶段房地产投资机会的选择进行了详细探讨，辩析房地产投资面临的有利因素和不利条件。定性地分析了房地产投资风险问题，辨识风险的特征，并对房地产投资在获得土地使用权后的主要风险问题以及风险与投资收益的相互关系进行了分析，提出在风险因素干扰下，评估投资效益的经济技术指标和理论方法。通过一个详尽的房地产投资实例，说明该理论方法在投资风险评估中的应用，以及如何为投资决策提供依据和建议。根据风险评估与决策的实际需要，提出构建风险管理机构的模式，以利于及时调整和保障投资风险决策的正确实施。最后在结论部分，阐述了风险研究的长期性和风险决策的现实意义，对未来投资风险研究的趋势和方向进行了思考。更多还原

【Abstract】 After China has entered the WTO, the system of market economy become perfect and standard further, industrial structure need upgrade and the proportion of the third industrial has increased, estate as the status that one of the foundation and pillar in national economy strengthen, so it become the hot field for investment. In order to fit the needs of development of international and domestic actuality, advanced, scientific and perfect theory is needed to guide the estate practice.The integrity concepts of this paper include: Introduce the basic form and character of estate investment, analysis the investment market situation at recent and future. Depend on detail discuss of investment practice and opportunity , the essential investment principles are built. With the help of qualitative analysis of risk factor and identify the risk’s feature, the relationship between main risk’s factor and investment profit after the investor get the use rights of land is given, so the quantitative evaluating index and method also are made under the factor affect’ .To establish the risk manage institute is the other way to guarantee the investment decision proper .At the last part of the paper , a particular example is shown to explain the method .At the conclusion part, put forward the proposition of estate investment risk analysis .更多还原