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Persistent link: https://www.econbiz.de/10012423402
Hong Kong, China's housing market witnessed dramatic appreciations recently, with the price index for private domestic … housing price index reinforce price trends in the long term. Hong Kong, China's dollar quantitative easing, and the gross … domestic product of the People's Republic of China (PRC) are positively related to housing prices and negatively to lending …
Persistent link: https://www.econbiz.de/10012861131
People's Republic of China. Under the leasehold property right system, real estate development has two stages - first to …
Persistent link: https://www.econbiz.de/10011591060
Hong Kong, China's housing market witnessed dramatic appreciations recently, with the price index for private domestic …, we find that changes in housing price index reinforce price trends in the long term. Hong Kong, China's dollar … quantitative easing, and the gross domestic product of the People's Republic of China (PRC) are positively related to housing …
Persistent link: https://www.econbiz.de/10012254930
We empirically document that banks with greater exposure to high home price-to-income ratio regions in 2005 and 2006 have higher mortgage delinquency and charge-off rates and significantly higher probabilities of failure during the last financial crisis even after controlling for capital,...
Persistent link: https://www.econbiz.de/10011803674
This paper examines the effects of a mortgage interest rate subsidy on booms and busts in the housing market by analyzing the Housing Mortgage program in Mongolia. We find that the most recent housing boom in Mongolia occurred from the second quarter (Q2) of 2012 to first quarter (Q1) of 2014,...
Persistent link: https://www.econbiz.de/10013329305
China. Using a unique dataset of city-level house prices and rents, this paper investigates the presence of price bubbles in … major Chinese city housing markets. Our findings show evidence of price bubbles in most housing markets, even though the … bubbles might be, to a large extent, mitigated by strong government intervention. In order to distinguish rational bubbles …
Persistent link: https://www.econbiz.de/10013005714
Hedonic house price indices adjust the average sales prices for the change in the quality of the property sold over time. This paper proposes a framework to disentangle the contribution of each individual dwelling characteristic to this quality change. We apply our framework to a unique dataset...
Persistent link: https://www.econbiz.de/10013193786
In order to deal with the rampant increase in housing prices, the Government of the People's Republic of China … implemented the home purchase restriction (HPR) policy to curb speculation and prevent housing bubbles. This policy triggered an …
Persistent link: https://www.econbiz.de/10011811843
This paper investigates the existence of speculative bubbles in the US national and 21 regional housing markets over …
Persistent link: https://www.econbiz.de/10012968629