We provide the first multi-city, constant quality land price index for 35 major markets in China. While there is …We also investigate the quality of the two most prominent house price indexes in China, and conclude that a traditional … hedonic index more accurately reflects how house prices have changed over time in eight major markets in China. Repeat sales …

With the decline of the traditional hukou system, migrants in China have a broad set of cities to choose from. Within …

Since the 1990s, China's real estate market has experienced a dramatic and long-lasting boom across China. This boom … into a gigantic housing bubble, which might eventually burst and damage China's financial system and economy. Motivated by … this concern, this paper reviews the historical development of China's real estate market, describes the real estate boom …

China's real estate has been a key engine of its sustained economic expansion. This paper argues, however, that even …

is far from certain. The demand for real estate in China is so strong that current prices might be sustainable …

(4)There are no official data on residential vacancy rates in China, but some researchers have reported very high …

This paper uses the 2008 Wenchuan earthquake in China as a natural experiment to examine how the housing market reacted …

, China's stimulus boosted real GDP growth from an annualized 6.2% in the first quarter of 2009 trough to 11.9% in the first … speed and efficacy of China's stimulus derives from state control over its banking system and corporate sector. Beijing …, fueling a real estate bubble; and that China's seemingly highly effective macroeconomic stimulus package may well have induced …