Price and Volume Divergence in China’s Real Estate Markets: The Role of Local Governments
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下载链接：
https://www.nber.org/papers/w34303
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资源简介：
During the Covid-19 pandemic (2020-2022), Chinese cities witnessed a paradox: residential land and new house prices surged while transaction volumes plummeted. We attribute this to local governments active price management through supply controls, land acquisitions by Local Government Financing
提供机构：
美国国家经济研究局
创建时间：
2025-09-01
