bubbles in Chinese house price cycles. Overall, we find that except for 2009–2010 actual house prices are not significantly … disconnected from fundamentals. Thus, the evidence for speculative house price bubbles in China is in general weak …

This paper investigates the presence of the bubbles that are experienced in the global vanilla (VNL) price, using the … GSADF approach. The results show that there are five bubbles in the VNL price that are driven by specific reasons. Also, in … formation, as well as the rupture of the bubbles. It has also been noted that the cyclone Hudah and the monopoly of the cartels …

Our study investigates the role of speculation in real estate cycles. We find that even a simple model of lagged supply … response to price changes and speculation is sufficient to generate real estate cycles. Second, the volatility of prices – the … biggest purported downside of “speculation” – is strongly related to supply conditions. Even more interestingly, the effect of …

this paper, we test for speculative house price bubbles in 127 large German cities over the last 20 years. Along with … testing bubbles for each city separately, we apply two new testing approaches: a panel data and principal components version …. Therefore, to check for the existence of bubbles, we examine prices, rents, and price-to-rent ratios. We find evidence for …

volume came from the rise and fall in short-term speculation. Cities with larger speculative booms have larger price cycles …