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The speculative nature of both stock and housing markets in China has attracted the attention of observers. However, while stock market data are easily available, the low frequency and low quality of publicly available housing price data hampers the study of the relationship between the two...
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In a similar way to the stock market, the housing market in China has often been portrayed as highly speculative, giving rise to “bubble” concerns. Over the last decade, residential prices increased every year on average by double digits in Beijing or Shanghai (Deng, Gyourko and Wu, 2012)....
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We examine the relationship between rail accessibility and the pattern of demographic characteristics at long-established Rail Transit Served Communities (RTSCs). The analytical methods involve the juxtaposition of property premium estimates and assessment of spatial effects on demographic...
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