Why foreclosed housing devalues in China? An evaluation based on property-rights risks through hedonic pricing model
The judicial auction is the sole approach to address foreclosed housing in China. Recently, the pervasive devaluation of foreclosed properties in many cities has become an alarming trend, given its potential to trigger a debt crisis in China's housing system. However, scant research has delved...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-03-01
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| Series: | Ain Shams Engineering Journal |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S209044792300388X |