Are there irrational bubbles under the high residential housing prices in China’s major cities?
House prices in the main cities of China have been rising to historically high levels. Unsustainable growth of housing prices might cause financial crises and damage the whole economy. This research aims to detect whether bubbles dominate China’s real estate market. It begins by systematica...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2020-01-01
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Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X2001001A.pdf |