Author Description

This title tackles the knotty problem of housing market development from a policy perspective. In China, policymakers have been grappling with the dilemma between escalating home prices, which have fed fears of a housing bubble burst, and the possible economy-dampening consequences of regulatory measures. This raises the question that prompted the current study: how can China achieve a soft landing for its property market? Referencing economic theories and models, contributors of this book come up with a fair mechanism for determining China's equilibrium home price and examine the risk of housing bubbles in the country.