Is local government the driving force behind the surging housing price in China? Evidence from rental, land and housing markets

• Main Authors: Qian, Jin, Lai, Yi Wen, Lee, Choon Yan
• Other Authors: School of Humanities and Social Sciences
• Format: Final Year Project
• Language: English
• Published: 2012
• Subjects: DRNTU::Social sciences::Economic development::China; DRNTU::Social sciences::Political science::Political institutions::Asia::China
• Online Access: http://hdl.handle.net/10356/50803
• Institution: Nanyang Technological University

Housing prices have soared for the past decade in China, more evidently from the 35 major cities. Apart from traditional economic fundamentals, recent literature review suggests that local government is an active player that may lead to the surging housing price in China. In our paper, we con...