The great Chinese housing boom
Significant store-of-value demand for housing suggests a bubble that could burst, especially when both the household income growth rate and the savings rate start to decline and capital controls in China start to relax.
Volume (Year): (2013)
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- Wu, Jing & Gyourko, Joseph & Deng, Yongheng, 2012.
"Evaluating conditions in major Chinese housing markets,"
Regional Science and Urban Economics,
Elsevier, vol. 42(3), pages 531-543.
- Jing Wu & Joseph Gyourko & Yongheng Deng, 2010. "Evaluating Conditions in Major Chinese Housing Markets," NBER Working Papers 16189, National Bureau of Economic Research, Inc.