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International Housing Market Experience and Implications for China (Paperback)
Loot Price: R1,409
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International Housing Market Experience and Implications for China (Paperback)
Series: Routledge Studies in International Real Estate
Expected to ship within 12 - 17 working days
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Recent rapid housing market expansion in China is presenting new
challenges for policy makers, planners, business people, and
citizens. Now that housing in middle-income China is driven by
consumer choices and is no longer dominated by state policy
decisions, housing policy issues in Chinese cities are becoming
increasingly similar to those encountered in other global housing
markets. With soaring prices and imbalances in housing supply
favoring high income groups and housing demand driven by rising
inequality in household incomes, many middle and lower-income
households face worsening choices in terms of the quality and
location of their housing as well as greater financial
difficulties, which together can have negative implications for
standards of public health. This book examines the impact of these
changes on the general population, as well as on aspiring
homeowners and developers. The contributors look at the effect on
the widening of wealth gaps, slower economic growth, and threats to
political and social stability. Though focusing on China, the
editors also present discussions of specific policy design
challenges encountered in Australia, Japan, Korea, the Netherlands,
the Nordic countries, Singapore, Taiwan, the UK, and the US. This
book would be of interest to housing policy makers, as well as
academics who are studying the social and political effects of the
Chinese housing market.
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