In this study, we exploit a policy shock that differentially increased capital gains taxes for
housing units with holding period less than 5 years, and document tax avoidance and tax …

Real-estate values are often under-reported to evade taxes and hide illicit wealth. We
develop a new method to estimate under-reporting, and employ it on large, granular …

Using proprietary data from a large real estate brokerage company that records both true
and reported prices of its housing transactions, this paper provides new evidence of …

We develop a new social media sentiment index by quantifying the tone of posts about
housing on Weibo between 2010 and 2020 in 35 largest cities in China. We find that the …

Multi-unit dwelling (MUD) development is complex and involves multiple relationships,
introducing market risks. Following the Global Financial Crisis, a 'boom-bust'MUD market …

The implementation of multi-school zoning policy, as a quasi-natural experiment, offers a
valuable opportunity to assess the effectiveness of initiatives aimed at equalizing …