Li, Jing; Chiang, Yat‐Hung - In: International Journal of Housing Markets and Analysis 5 (2012) 2, pp. 161-176
Purpose – China's real estate market is rampantly expanding. The purpose of this paper is to examine the factors … underpinning China's real estate price escalation from 1998 to 2009. Design/methodology/approach – Cointegration approach, vector …) does not catch up with national gain (GDP) in China, or “ Guojinmintui ” (national gain outpaces personal gain). Neither is …