IDEAS home Printed from https://ideas.repec.org/a/mes/chinec/v52y2019i3p249-262.html
   My bibliography  Save this article

Demystifying China’s Shantytown Renovation Program and Its Effect on Real Estate Price

Author

Listed:
  • Kerry Liu

Abstract

From August 2017, Chinese authorities have indicated that the shantytown renovation program would gradually be scrutinized under stricter conditions due to the fact that this policy has enhanced the rocketing real estate prices in Chinese third-tier cities. However, based on monthly data from May 2015—December 2017, this study finds that a higher amount of pledge supplementary lendings, which provide the major funding for the shantytown renovation program, can significantly decelerate the growth of real estate prices in the third-tier cities. This finding has important implications for Chinese decision makers and investors as well.

Suggested Citation

  • Kerry Liu, 2019. "Demystifying China’s Shantytown Renovation Program and Its Effect on Real Estate Price," Chinese Economy, Taylor & Francis Journals, vol. 52(3), pages 249-262, May.
    • Handle: RePEc:mes:chinec:v:52:y:2019:i:3:p:249-262
    DOI: 10.1080/10971475.2018.1548141
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10971475.2018.1548141
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10971475.2018.1548141?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Caixia Liu, 2023. "Shantytown Redevelopment and Housing Prices: Empirical Evidence from Chinese Cities," Land, MDPI, vol. 12(4), pages 1-12, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:52:y:2019:i:3:p:249-262. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MCES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.