巴克莱资本88页香港房地产行业深度研究报告 英文(5)

巴克莱资本香港房地产行业深度研究

CONTENTS

RISING PROPERTY PRICES OVER 2010..........................................................................................5 ECONOMIC OUTLOOK.......................................................................................................................9 HOUSING DEMAND MODEL...........................................................................................................12 HOMEBUYER DEMAND...................................................................................................................14 HOUSING SUPPLY.............................................................................................................................23 GOVERNMENT HOUSING POLICY.................................................................................................26 PROPERTY PRICES............................................................................................................................30 IMPLICATIONS FOR DEVELOPERS................................................................................................34 VALUATIONS....................................................................................................................................38

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