A note on geographical constraints and housing markets in China

@inproceedings{Dong2016ANO,
  title={A note on geographical constraints and housing markets in China},
  author={Yilin Dong},
  year={2016}
}
This paper examines the influence of land supply on housing markets in urban China. The extent to which geographical and man-made land constraints influence housing prices and quantities is explored. Using a sample of 35 cities in China from 2003 to 2012, I find that cities with less naturally available land have experienced greater price appreciation and the quantity response is less in those places. The results imply that geography matters in Chinese housing markets where land is discretely… CONTINUE READING