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Demystifying the Chinese Housing Boom

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NBER2015-04-01 更新2025-01-04 收录
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We construct housing price indices for 120 major cities in China in 2003-2013 based on sequential sales of new homes within the same housing developments. By using these indices and detailed information on mortgage borrowers across these cities, we find enormous housing price appreciation during the

创建时间:
2015-04-01
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