Huang, Daisy J.; Leung, Charles Ka Yui; Qu, Baozhi - 2015 - This version: February, 2015
, this study suggests that credit plays a significant role in driving up house prices after the Great Recession, whereas … property prices only influence bank lending before 2008. Local amenities such as higher education, green infrastructure …, healthcare, and climate also positively affect house prices. Moreover, the impacts of bank loans on housing prices tend to be …