Hui, Eddie Chi-Man; Lo, Tony K.K.; Chen, Jia; Wang, Ziyou - In: Construction Management and Economics 30 (2012) 2, pp. 117-131
In China, the real estate sector has been one of the most powerful driving forces in economic development over the past two decades. The housing sector, particularly, has a strong wealth effect on consumption. This has attracted much attention not only in academia but also in society at large....