我国房地产证券化模式构想吴福明所谓房地产证券化就是将房地产投资直接转变成有价证券形式，投资人和房地产投资标的物之间关系内拥有房地产的所有权改变为拥有证券的债权。从发达国家的实践来看，它有广义与狭义之分。广义的房产证券化包括两大系统：一是房地产抵押债权... China’s real estate securitization model Wu Fuming real estate so-called so-called real estate securitization is the real estate investment directly into the form of securities, investors and real estate investment objects within the relationship between the ownership of real estate has changed to have the debt claims. From the point of view of the practice of developed countries, it has broad and narrow sense. Real estate securitization includes two major systems: First, real estate mortgage claims ...