Stabilizing China s Housing Market is popular PDF and ePub book, written by Richard Koss in 2018-04-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Stabilizing China s Housing Market can be Read Online from any device for your convenience.
Stabilizing China s Housing Market Book PDF Summary
The sharp rise of house prices in China’s Tier-1 cities has fostered a great deal of commentary about the possibility of bubbles forming there. However, China’s unique housing market characteristics make it difficult to assess the macroeconomic severity of bursting bubbles, even if they exist. These include the setting of land supply and prices by the government, among many others. The presence of overbuilt “ghost cities” greatly complicates the ability of traditional macroeconomic policies to address these concerns. This paper looks at proposals to shore up the mortgage underwriting and legal infrastructure to help China withstand the impact of falling prices, should this occur.
Detail Book of Stabilizing China s Housing Market PDF
- Author : Richard Koss
- Release : 13 April 2018
- Publisher : International Monetary Fund
- ISBN : 9781484348550
- Genre : Business & Economics
- Total Page : 33 pages
- Language : English
- PDF File Size : 17,6 Mb
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