What drives house price cycles? International experience and policy issues

JV Duca, J Muellbauer, A Murphy - Journal of Economic Literature, 2021 - aeaweb.org
The role of real estate during the global financial and economic crisis has prompted efforts to
better incorporate housing and financial channels into macro models, improve housing …

Contemporaneous causality among residential housing prices of ten major Chinese cities

X Xu, Y Zhang - International Journal of Housing Markets and …, 2022 - emerald.com
Contemporaneous causality among residential housing prices of ten major Chinese cities |
Emerald Insight Books and journals Case studies Expert Briefings Open Access Publish with …

Contemporaneous causality among one hundred Chinese cities

X Xu, Y Zhang - Empirical Economics, 2022 - Springer
This study explores dynamic relationships among Chinese housing prices for the years
2010–2019. With monthly data from 99 major cities in China, we use the vector error …

House price information flows among some major Chinese cities: linear and nonlinear causality in time and frequency domains

X Xu, Y Zhang - International Journal of Housing Markets and …, 2023 - emerald.com
Purpose With the rapid-growing house market in the past decade, the purpose of this paper
is to study the important issue of house price information flows among 12 major cities in …

The financialization of rental housing in China: A case study of the asset-light financing model of long-term apartment rental

J Chen, F Wu, T Lu - Land Use Policy, 2022 - Elsevier
This paper offers a timely exploration of the ongoing financialization process in the Chinese
rental housing sector, focusing on the financial means used by the asset-light “long-term …

Motivators and barriers for buying intention of upcycled fashion products in China

F Yoo, HJ Jung, KW Oh - Sustainability, 2021 - mdpi.com
This study examines determinants of the consumption behavior of upcycled fashion products
in China. Theoretical and empirical evidence from the upcycled fashion consumption and …

Do local governments capitalise on the spillover effect in the housing market? Quasi-experimental evidence from house purchase restrictions in China

Q Yu, ECM Hui, J Shen - Land Use Policy, 2023 - Elsevier
This study used the house purchase restriction (HPR) policy applied between 2016 and
2017 in China to investigate whether local governments actively capitalised on the spillover …

Ripple effect of the housing purchase restriction policy and the role of investors' attention

W Zhang, C Yu, Z Dong, H Zhuo - Habitat International, 2021 - Elsevier
The housing purchase restriction policy (the HPR policy) implemented in China is regarded
as one of the strictest. Different from the existing studies on the local impact of the HPR …

Panacea or Pandora's Box? An institutional analysis of the contested long-term rental apartments development in China

C Li, J Zhu, S He - Habitat International, 2023 - Elsevier
The dramatic growth of long-term rental apartments (LRAs) in China's megacities since
2015, spurred by a series of state policies encouraging the development of the private rental …

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 …