Zhang, Dingsheng; Cheng, Wenli; Ng, Yew-Kwang - Department of Econometrics and Business Statistics, … - 2012
The Chinese government has been active in trying to cool the alleged bubbles in its housing markets, especially in urban areas. This paper argues that the high housing prices are at least partly caused by some real factors, including the policy of restricting land uses, in particular the...
