Arestis, Philip; Gonzalez-Martinez, Ana Rosa; Jia, Lu-kui - In: International Journal of Housing Markets and Analysis 10 (2017) 2, pp. 282-304
Purpose The purpose of this paper is twofold. First, the authors investigate the main drivers of house prices in the Hong Kong housing market. Second, further research is undertaken to confirm the existence of house price overvaluation, which has driven the market into a bubble episode....