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-purchase restrictions in China. The remaining overpayment can be due to cultural differences. Combining IV and DID estimation, I explore the …
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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 …
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boom in real estate purchases by buyers from China, which amounted to $200 billion of purchases made between 2010 and 2019 …
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. Using transaction-level data, we document (i) a "China shock" in the U.S. housing market characterized by surging foreign …
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