An Analysis Of Establishing REITs Legal Mechanisms In The Low Rent Housing Market

As a new financing pattern,Real Estate Investment Trust starts to practice inUSA, is introduced in many countries and now has developed well in the world.American is the earlist country to introduce REITs into low-rent housing market.Because of building the low-rent housing,the local governments have a huge fiscalburden.Therefore,it is very important to establish REITs Legal Mechanisms in thelow-rent housing market. Learning experience from other countries should beflexible,Chinses situation is different from American in economy,polities and law.Itis a hot topic between economist and legist how to set up the Legal Mechanismabout introducing REITs to the Low-rent Housing,based on learning successfulexperience from other countries.The author presents Legal Mechanism aboutintroducing REITs to the Low-rent Housing.There are four parts in this paper.Part one,The introduction of the basic theoryof low-rent housing REITs,concerning its definition,characteristics and legal nexus.Part two Successful experience of American,Singapore and Hongkong in Low-rentHousing. Part Three,The obstruction of setting up Low-rent Housing REITs inChina in procedure,mode and legal situation. Part four,the author present the legalMechanisms of setting up Low-rent Housing REITs in procedure,mode and legalsituation.