G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21346
来源IDWorking Paper 21346
Evaluating the Risk of Chinese Housing Markets: What We Know and What We Need to Know
Jing Wu; Joseph Gyourko; Yongheng Deng
发表日期2015-07-13
出版年2015
语种英语
摘要Real estate is an important driver of the Chinese economy, which itself is vital for global growth. However, data limitations make it challenging to evaluate competing claims about the state of Chinese housing markets. This paper brings new data and analysis to the study of supply and demand conditions in nearly three dozen major cities. We first document the most accurate measures of land values, construction costs, and overall house prices. We then create and investigate a number of supply and demand metrics to see if price growth reasonably can be interpreted as reflecting local market fundamentals. Key results include the following:
主题Regional and Urban Economics ; Regional Economics ; Real Estate
URLhttps://www.nber.org/papers/w21346
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579018
推荐引用方式
GB/T 7714
Jing Wu,Joseph Gyourko,Yongheng Deng. Evaluating the Risk of Chinese Housing Markets: What We Know and What We Need to Know. 2015.
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