Recent housing affordability in urban China: A comprehensive overview

K Li, Y Qin, J Wu - China Economic Review, 2020 - Elsevier
In this study, we provide a comprehensive overview of housing affordability in China from
both the macro and micro perspectives. We extend the scope of housing affordability …

Can bank credit withstand falling house price in China?

CW Su, XY Cai, M Qin, R Tao, M Umar - International Review of Economics …, 2021 - Elsevier
This paper examines whether the falling house price causes credit risk or not in China. We
note that bidirectional causal relationships exist in several sub-periods using sub-sample …

Effect of the housing purchase restriction policy on the Real Estate Market: Evidence from a typical suburb of Beijing, China

Y Li, D Zhu, J Zhao, X Zheng, L Zhang - Land Use Policy, 2020 - Elsevier
To curb excessive rises in housing prices, the government has instituted a series of macro-
control measures in the real estate market. The housing purchase restriction (HPR) policy …

Multiple home ownership in Chinese cities: An institutional and cultural perspective

Y Huang, D Yi, WAV Clark - Cities, 2020 - Elsevier
China is a country of homeowners, where> 80% of households own their homes and> 20%
of urban households own multiple homes. China achieved this unprecedented high rate …

Using purchase restrictions to cool housing markets: A within-market analysis

T Somerville, L Wang, Y Yang - Journal of Urban Economics, 2020 - Elsevier
In response to worsening housing affordability resulting from rapid housing price
appreciation, some governments have introduced taxes or restrictions to reduce demand for …

Home purchase restriction and housing price: A distribution dynamics analysis

VJ Li, AWW Cheng, TS Cheong - Regional Science and Urban Economics, 2017 - Elsevier
China's residential housing market has been largely influenced by the policy initiatives of the
central government. This study examines how the implementation and removal of home …

Exploring the spatial spillover effect of home purchase restrictions on residential land prices based on the difference-in-differences approach: Evidence from 195 …

X Zheng, X Chen, Z Yuan - Land Use Policy, 2021 - Elsevier
Since 2008, the sustained and rapid escalation of housing prices has increasingly become
an alarming issue in most Chinese cities, to which the government has responded by …

Agglomeration, housing affordability, and new firm formation: The role of subway network

R Du, S Zheng - Journal of Housing Economics, 2020 - Elsevier
The housing affordability issue in mega-cities creates a significant job-housing mismatch
and undermines productive new business creation. This paper focuses on Beijing and …

[HTML][HTML] Spillover effect analysis of home-purchase limit policy on housing prices in large and medium-sized cities: Evidence from China

G Wu, W Guo, X Niu - Plos one, 2023 - journals.plos.org
Home-purchase limit is a unique administrative housing policy of China and has non-
negligible influences on the housing price. The objective of this study is to analyze the …

Impact of government intervention in the housing market: evidence from the housing purchase restriction policy in China

Y Wu, Y Li - Applied Economics, 2018 - Taylor & Francis
In 2010, a housing purchase restriction policy was announced by China's central
government and implemented gradually by several prefecture governments. In this article …