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Rent Control And Its Reform In China

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  • Anthony Yanxiang Gu

Abstract

Rent controls still exist in mainland China and Western countries, and will continue for the foreseeable future. In China, rent controls have resulted in severe housing shortages, poor management and maintenance of the housing stock, and an increasingly heavy financial burden on the state. China has been reforming government rental housing for the last two decades, increasing rents and phasing out government subsidies, promoting home ownership and house commercialization. Western countries have been adjusting their rent-control and housing-subsidy policies over the last three decades.

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Bibliographic Info

Article provided by New York State Economics Association (NYSEA) in its journal New York Economic Review.

Volume (Year): 34 (2003)
Issue (Month): 1 ()
Pages: 63-74

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Handle: RePEc:nye:nyervw:v:34:y:2003:i:1:p:63-74

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  1. Lim, Gill-Chin & Lee, Man-Hyung, 1993. "Housing Consumption in Urban China," The Journal of Real Estate Finance and Economics, Springer, vol. 6(1), pages 89-102, January.
  2. Yanxiang Anthony Gu & Peter F. Colwell, 1997. "Housing rent and occupational rank in Beijing and Shenyang, People's Republic of China," Journal of Property Research, Taylor & Francis Journals, vol. 14(2), pages 133-143, January.
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