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Can I read Anatomy of Hong Kong Housing Bubble on EtoBox?
Anatomy of Hong Kong Housing Bubble by bhathey is a document available to read on EtoBox.
What is Anatomy of Hong Kong Housing Bubble about?
This document provides a preliminary analysis of housing price movements in Hong Kong from 1995 to 2002. It documents a 50% real increase in housing prices from 1995 to 1997, followed by a 57% real decrease from 1997 to 2002. Using transaction-level data on over 200 large housing complexes, the author finds that fundamental economic factors cannot fully explain the dramatic price changes or cross-sectional variation in price movements across complexes. The author proposes applying a model of speculation dri
- Author
- bhathey
- Language
- EN