Housing Price and Entrepreneurship in China
@article{Li2014HousingPA,
title={Housing Price and Entrepreneurship in China},
author={L. Li and Xiaoyu Wu},
journal={Urban Economics & Regional Studies eJournal},
year={2014}
}Housing price has increased dramatically in China during the past decade. The appreciation of house value could relax credit constraint and thus encourage entrepreneurship. However, a house serves as both an important investment channel and a prerequisite for marriage in China. The continuous high return of investment in housing and intensified marriage market competition make house purchase a priority for young people and their parents, which would crowd out entrepreneurial activities. Using… CONTINUE READING
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