Haste or Waste? The Role of Presale in Residential Housing
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This paper provides the first theoretical framework and empirical evidence on the impact of housing presale policies on unfinished buildings and developer behavior. We start with constructing a novel dataset of unfinished projects, presale policies, and land auction outcomes across 270 major cities
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美国国家经济研究局创建时间：
2024-01-01
