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Results
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Land Conversion and Misallocation Across Cities in China
Documentos de trabajoJunio 2019Shihe Fu, Xiaocong Xu, and Junfu ZhangThe Chinese government has been using quotas to control the amount of farmland that can be converted for urban uses in different cities every year. Using a sample of more than 1.5 million land-lease...
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The Development of Copycat Towns in China
An Initial Analysis of Their Economic, Social, and Environmental ImplicationsDocumentos de trabajoOctubre 2017Daniel Sui, Bo Zhao, and Hui KongThe great urban leap forward in China during the past four decades has dramatically transformed the Chinese landscape across the country as well as Chinese society in many profound ways. By situating...
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Virtual Valuation
GIS-Assisted Mass Appraisal in ShenzhenRevista Land LinesOctubre 2017By Tom NunlistOne of the few countries without a property tax, China has developed what many consider the world's most advanced valuation system. Marrying computer-assisted mass appraisal with GIS tools, the...
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Real Estate Development and Financial Crises
A Comparative Study Between China and World Major Economies 1980–2014Documentos de trabajoJunio 2016Simon X. Zhao and Bryane MichaelThis report represents an international, comparative, empirical study of the relationship between financial crises and real estate development—with a focus on Japan, Hong Kong, the U.S., some...
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Bubble Economics
How Big a Shock to China’s Real Estate Sector Will Throw the Country into Recession, and Why Does It Matter?Documentos de trabajoMayo 2016Bryane Michael and Simon X. ZhaoHow far do China’s property prices need to drop in order to send the country into a recession? What does this question tell us about the way Bubble Economies work? In this paper, we develop a...
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Dealing with “Small Property Rights” in China’s Land Market Development
What Can China Learn from Its Past Reforms and the World Experience?Documentos de trabajoSeptiembre 2014Xiaofang Shen and Fan TuThis research aims to examine the knotty issue in China’s continued land market reform, the so-called “small property right” (SPR) referring to the ambivalent right to the commercial properties...
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Ilegal pero lógico
Por qué las viviendas de derechos de propiedad pequeños son populares en ChinaRevista Land LinesJulio 2015Li Sun and Zhi Liu“Como trabajador migrante durante 13 años, siempre he querido ser dueño de mi casa y tener una vida familiar normal aquí en Shenzhen” dijo el Sr. Wang, un exagricultor de la provincia de Sichuan que...
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La ciudad oculta
El mercado inmobiliario subterráneo de BeijingRevista Land LinesOctubre 2014Annette M. KimMás de un millón de personas viven en apartamentos subterráneos en Beijing. Estas pequeñas viviendas, generalmente sin ventanas, son la única opción de...
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Hidden City
Beijing’s Subterranean Housing MarketRevista Land LinesOctubre 2014Annette M. KimMore than one million people are living in apartments underground in Beijing. These small, often windowless dwellings are, for many workers, the only affordable housing option near jobs in the city...
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Illegal But Rational
Why Small Property Rights Housing Is Big in ChinaRevista Land LinesJulio 2015Li Sun and Zhi LiuNearly one-quarter of residential units in Chinese cities are illicit, built and sold by village collectives on land that the state has not yet approved for urban use. The authors consider the legal...