An equilibrium approach to the disequilibrium in housing market in China

• Main Authors: Guan, Mingyang, Song, Yongjian, Zhou, Yu
• Other Authors: School of Humanities and Social Sciences
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Social sciences::Economic theory::Macroeconomics; DRNTU::Social sciences::Economic theory::Public finance; DRNTU::Social sciences::Economic development::China
• Online Access: http://hdl.handle.net/10356/59284
• Institution: Nanyang Technological University

The dramatic housing price appreciation in Chinese cities has led to concerns over the emerging housing market disequilibrium and real estate bubbles. This has attracted great attentions from the investors, regulators and researchers. However, in assessing the housing market disequilibrium, very few...