Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Chiu, Alvin - 2019
Hong Kong, China's housing market witnessed dramatic appreciations recently, with the price index for private domestic … housing units being 3 times higher than 10 years ago. This trend is supported by both internal and external factors, as … illustrated in this paper. By providing a theoretical model and empirical analysis on the key variables influencing housing prices …