Time-on-market in Chinese condominium presales
The condominium presale market is characterized by information asymmetry between the developer and potential buyers. A condominium developer faces conflicting incentives to sell units quickly at a lower price to generate cash and sales momentum versus to hold prices high and endure longer marketing...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2018-05-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/1547 |