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Purpose – The purpose of this paper is analyse to what extent the high price had led to low levels of housing affordability in the period 2002‐2006 in Beijing. Due to the importance of housing for local residents and the crucial position that real estate market in the Chinese economy is...
Persistent link: https://www.econbiz.de/10014777669
Purpose – The purpose of this paper is to investigate the transformation of inner‐city sites previously developed for industry use in Chinese city, which is driven by the unique social, economic and political settings in China featured by the emergence of the market mechanism for urban land...
Persistent link: https://www.econbiz.de/10014777709
Purpose – This paper aims to review property cycle theory and the relevance of the larger body of knowledge about cycles with reference to the housing market. It also aims to highlight the lack of research into property cycles in the residential sector on a suburb or smaller region basis, as...
Persistent link: https://www.econbiz.de/10014971729