1 option
China's Real Estate Market / Chang Liu, Wei Xiong.
- Format:
- Book
- Author/Creator:
- Liu, Chang.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w25297.
- NBER working paper series no. w25297
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- Since the 1990s, China's real estate market has experienced a dramatic and long-lasting boom across China. This boom has led to substantial concerns in both academic and policy circles that the rising housing prices might have developed into a gigantic housing bubble, which might eventually burst and damage China's financial system and economy. Motivated by this concern, this paper reviews the historical development of China's real estate market, describes the real estate boom, and discusses its links to households, local governments, firms and the financial system.
- Notes:
- Print version record
- November 2018.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.