Urbanization, inequality and property prices : equilibrium pricing and transaction in the Chinese housing market
(2016)
Journal Article
Ge, T., & Wu, T. (2017). Urbanization, inequality and property prices : equilibrium pricing and transaction in the Chinese housing market. China Economic Review, 45, 310-328. https://doi.org/10.1016/j.chieco.2016.04.005
The particularly overheated Chinese housing market, with its soaring property prices, has attracted a large amount of research. We point out three of its striking empirical features, which current literature leaves unexplored: co-existence of steady... Read More about Urbanization, inequality and property prices : equilibrium pricing and transaction in the Chinese housing market.