Showing 1 - 10 of 3,835
House-purchasing regulations have frequently been adopted by the Chinese government to cool the overheated housing market. Under-reporting of transaction prices has also been widely employed by home buyers to reduce transaction taxes. This paper suggests that by under-reporting to a greater...
Persistent link: https://www.econbiz.de/10012851737
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
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
The sharp rise of house prices in China's Tier-1 cities has fostered a great deal of commentary about the possibility … of bubbles forming there. However, China's unique housing market characteristics make it difficult to assess the … infrastructure to help China withstand the impact of falling prices, should this occur …
Persistent link: https://www.econbiz.de/10012918551
China due to flight route changes. I find a large positive house price impact. Consistent with investment q-theory, rents …
Persistent link: https://www.econbiz.de/10013219278
boom in real estate purchases by buyers from China, which amounted to $200 billion of purchases made between 2010 and 2019 …
Persistent link: https://www.econbiz.de/10013213216
The recent surge in property values in China has been similar to the surge in the U.S before the crash in 2007. This … raises concerns about whether China is destined to have a crash as well. We estimate similar models of property values for … reverting, without momentum. This suggests that the recent price rise in China has had more to do with scarcity than with …
Persistent link: https://www.econbiz.de/10012914765
In recent years, housing booms have caused ghost town phenomena in many cities such as Dublin, Madrid, Dubai, etc. This paper derives a theoretical model to illustrate how activities of producers and rent seekers affect housing price booms in city centers and surrounding areas due to...
Persistent link: https://www.econbiz.de/10013064786
Residential choice does not only depend on properties of the dwelling, neighborhood amenities and affordability, but is also affected by the population composition within a neighbourhood. All these attributes are capitalised in the house price. Empirically, it is not easy to disentangle the...
Persistent link: https://www.econbiz.de/10012433602