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碩士 === 國立中央大學 === 產業經濟研究所碩士在職專班 === 95 === During the period of SARS, Taiwan real estate price had down the bottom. And the interest rate of mortgage had decreased. Due to those two effectors, the real estate securitizations starting from 2003 and the real estate market take advantage from each othe...

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Bibliographic Details
Main Authors: Tai-Wei Sune, 孫大偉
Other Authors: none
Format: Others
Language:zh-TW
Published: 2006
Online Access:http://ndltd.ncl.edu.tw/handle/65075467794510133931
Description
Summary:碩士 === 國立中央大學 === 產業經濟研究所碩士在職專班 === 95 === During the period of SARS, Taiwan real estate price had down the bottom. And the interest rate of mortgage had decreased. Due to those two effectors, the real estate securitizations starting from 2003 and the real estate market take advantage from each other. The real estate price had moved back from the bottom line which meted the real estate securitization development needs. On the other hand, Real estate securitization commodity collecting funding supplies the real estate market fund. The real estate securitization has become one of the popular investment tools in recent years. There are a lot of small investors who invest the real estate investment trust but they are not really familiar with the complexity of real estate market. Furthermore, the “REITs” often targets on Business buildings and the investor are not quite understood with them. In this kind of situation which mutual information are not equally exposed may leads to the indiscreet of investor protection. It needs further discussion for like if the investors have been fully protected by our legal system or in which adjustment of our legal system to be more investor protected. This article adopts the common literature analysis method and the legal economic analysis for the subject of investor protection regulations. By utilize from America real estate business and the legal rules for bankruptcy to formulate Taiwan investor protection legal system mechanism which be modified based on our current market status can be suggested to our government for future reference.