The Housing Market Effects of Local Home Purchase Restrictions: Evidence from Beijing
Home prices have surged in major Chinese cities, leading to concerns of asset price bubbles and housing affordability. The policy of home purchase restrictions (HPR) has been one of China’s harshest housing market interventions to squeeze out speculative demand and dampen the soaring home prices. Be...
Main Authors: | , , , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Springer US
2017
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Online Access: | http://hdl.handle.net/1721.1/111622 https://orcid.org/0000-0002-1024-7555 |