부동산 금융혁신 사례에 관한 연구 = Case Studies on Financial Innovation in Real Estate Projects

다국어 초록 (Multilingual Abstract)

The core function of the financial system is to facilitate the allocation and deployment of economic resources both spatially and across time. IN order to change to the efficient financial system of real estate, it is being shifted from the traditional to the new one. Market players have tried to innovate their financial methods in transition of real estate financial system. And the purposes of this essay are to collect the cases and to research motivations in real estate financial innovation. The motivations of real estate financial innovation are reduction of costs, institutional factors, changing demands and learning & experimentation, similar to the motivation of financial innovations. The trends in new real estate financial system is founded in case studies of real estate financial innovations. The First is that a transparence of project company is being better. The second, new one make economic resources allocate and deploy efficiently. The third is that functions in real estate development are being separated.