The rise in house prices in China: Bubbles or fundamentals?

The dramatic rise of house prices in many cities of China has brought huge attention from both the governmental and academic circles. There is a huge debate on whether the increasing house prices are driven by market fundamentals or just by speculation. Like Levin and Wright (1997a, 1997b), we decom...

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Main Authors: HU, Jianying, SU, Liangjun, JIN, Sainan, JIANG, Wanjun
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2006
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Online Access:https://ink.library.smu.edu.sg/soe_research/2039
https://ink.library.smu.edu.sg/context/soe_research/article/3038/viewcontent/The_rise.pdf
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Institution: Singapore Management University
Language: English