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China’s Policy Adjustments to Promote an Affordable and Stable Housing Market

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  • James R. Barth
  • Michael Lea
  • Tong Li

Abstract

This article examines China’s growth in home prices in order to assess whether the authorities have been able to achieve an affordable and stable housing market. It considers whether the home price declines which have occurred in some regions could trigger a financial crisis and assesses the changing real estate market, reviews policies that have been implemented, identifies potential risk factors, and considers policies based on the experiences of other countries with housing booms and busts.

Suggested Citation

  • James R. Barth & Michael Lea & Tong Li, 2015. "China’s Policy Adjustments to Promote an Affordable and Stable Housing Market," Chinese Economy, Taylor & Francis Journals, vol. 48(3), pages 176-198, May.
    • Handle: RePEc:mes:chinec:v:48:y:2015:i:3:p:176-198
    DOI: 10.1080/10971475.2015.995582
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    Cited by:

    1. Tan, Zhengxun & Tang, Qianqian & Meng, Juan, 2022. "The effect of monetary policy on China’s housing prices before and after 2017: A dynamic analysis in DSGE model," Land Use Policy, Elsevier, vol. 113(C).

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