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China Household Finance Survey (CHFS) data in 2011 and 2013 including 36213 sample households. We mainly found that, with an …
Persistent link: https://www.econbiz.de/10011579004
promulgated by China's government for the real estate market. The market is resulted in full of speculative behaviors, and has …
Persistent link: https://www.econbiz.de/10009511163
This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China … considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the … policies in both markets are in line with their social welfare systems. Hong Kong, China favors the elderly and the poor, thus …
Persistent link: https://www.econbiz.de/10011453313
Using a unique set of quarterly residential real estate price data for 12 major Chinese cities during the period from 1999 to 2010, this paper employs both relative measures and well-specified regression models to examine the impact of key fundamental factors on home prices. Our empirical...
Persistent link: https://www.econbiz.de/10013109122
China has weathered the global financial turmoil in much better shape than most other countries, including the United …. China has certainly experienced extraordinary growth in the housing market during the past decade, which has been …
Persistent link: https://www.econbiz.de/10013089356
Home-purchase limits, introduced by China's central government in April 2010 and afterward implemented by the local … cities in mainland China. Our regression results show that, while the central government's notice negatively affects housing …
Persistent link: https://www.econbiz.de/10012952876
, Vancouver and Shanghai and examining possible spillover effect of house price development in Canada and China cities from 2009 …
Persistent link: https://www.econbiz.de/10012957767
This study investigates the real options with spatial analysis in China's real estate markets. We employ new detailed … macro-level data set for 31 provinces in China to test the central predictions of real options with respect to land … evidence in this paper suggests there are real options in China's real estate markets. Uncertainty about future house prices of …
Persistent link: https://www.econbiz.de/10012907553
China has experienced a rapid boom in real estate prices in the last few decades, leading to a substantial increase in … and temporal variation in housing price appreciation linked to individual-level health data in China from 2000 to 2011. We … chronic diseases in China …
Persistent link: https://www.econbiz.de/10012823944
This paper develops a dynamic rational expectations general equilibrium framework that links house value to fundamental economic variables such as income growth, demographics, migration and land supply. Our framework is general and can handle non-stationary dynamics as well as structural changes...
Persistent link: https://www.econbiz.de/10012970978