Real Estate Cycle Fluctuations – Theory, Empirical Evidence, and Policy

Author: Tan Gang
Publisher:
Publish Date: 2001-09-01
Features: This book summarizes and reviews the main viewpoints on economic cycle fluctuations and the real estate cycle, defines the concept of the real estate cycle, and analyzes the objective existence of real estate fluctuations from an empirical perspective. It examines the internal mechanisms that generate and form real estate cycle fluctuations and dissects the influencing factors of these fluctuations. The book establishes a real estate cycle fluctuation model for China and proposes policy choices to achieve long-term sustainable growth in China's real estate industry during cycle fluctuations.