Covid-19 in China: the pandemic exacerbates the speculative mechanism in residential real estate
Résumé
Since 2008, China has been currently experiencing a disjuncture between house prices and economic fundamentals. This paper highlights the drivers of the speculative mechanism in China's residential markets, and shows that the pandemic is not likely to call them into question, quite the contrary.
Origine | Fichiers produits par l'(les) auteur(s) |
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