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Conference Paper: The changing nature of household demand and housing market trends in China

TitleThe changing nature of household demand and housing market trends in China
Authors
KeywordsHousing -- Marketing -- China.
Real estate business -- China.
Issue Date2012
PublisherWiley-Blackwell
Citation
Royal Institution of Chartered Surveyors (RICS) Symposium, Edinburgh, UK, 8-10 September 2010. In Jones, C ... (Eds.)(et al), The challenges of the housing economy: an international perspective, p. 90-107. Hoboken, N.J.: Wiley-Blackwell, 2012 How to Cite?
AbstractChina has consistently experienced 10% annual economic growth for about three decades and has became the second largest economy. As the monetary system of China is relatively closed and isolated the Chinese economy and its housing market has not been much affected by international financial crises. The chapter gives a brief overview of the development of the housing market and the evolution of housing policy in China. It also introduces the dramatic scale of recent house price inflation in the cities and explains government monetary policy toward dampening it down. The chapter assesses the potential reasons for the rise in house prices over the past decade including demographic factors, rising incomes and the role of capital markets and monetary policy. The analysis is based on five representative cities from different regions.
Persistent Identifierhttp://hdl.handle.net/10722/136639
ISBN
SSRN

 

DC FieldValueLanguage
dc.contributor.authorYiu, CYen_US
dc.contributor.authorXu, Yen_US
dc.date.accessioned2011-07-27T02:26:18Z-
dc.date.available2011-07-27T02:26:18Z-
dc.date.issued2012en_US
dc.identifier.citationRoyal Institution of Chartered Surveyors (RICS) Symposium, Edinburgh, UK, 8-10 September 2010. In Jones, C ... (Eds.)(et al), The challenges of the housing economy: an international perspective, p. 90-107. Hoboken, N.J.: Wiley-Blackwell, 2012en_US
dc.identifier.isbn9780470672334-
dc.identifier.urihttp://hdl.handle.net/10722/136639-
dc.description.abstractChina has consistently experienced 10% annual economic growth for about three decades and has became the second largest economy. As the monetary system of China is relatively closed and isolated the Chinese economy and its housing market has not been much affected by international financial crises. The chapter gives a brief overview of the development of the housing market and the evolution of housing policy in China. It also introduces the dramatic scale of recent house price inflation in the cities and explains government monetary policy toward dampening it down. The chapter assesses the potential reasons for the rise in house prices over the past decade including demographic factors, rising incomes and the role of capital markets and monetary policy. The analysis is based on five representative cities from different regions.-
dc.languageengen_US
dc.publisherWiley-Blackwellen_US
dc.relation.ispartofThe challenges of the housing economy: an international perspectiveen_US
dc.subjectHousing -- Marketing -- China.-
dc.subjectReal estate business -- China.-
dc.titleThe changing nature of household demand and housing market trends in Chinaen_US
dc.typeConference_Paperen_US
dc.identifier.emailYiu, CY: ecyyiu@hkucc.hku.hken_US
dc.identifier.authorityYiu, CY=rp01035en_US
dc.identifier.doi10.1002/9781118280829.ch5-
dc.identifier.hkuros186936en_US
dc.identifier.spage90-
dc.identifier.epage107-
dc.publisher.placeHoboken, N.J.-
dc.identifier.ssrn1669166-

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