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The Maturation of the Neo-liberal Housing Market in Urban China

Author

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  • Ya Wang
  • Lei Shao
  • Alan Murie
  • Jianhua Cheng

Abstract

Neo-liberalism has dominated policy formulation and implementation for three decades and been influential in reshaping urban housing provision in different countries. However, the nature and impact of neo-liberal housing policy developments are also affected by previous arrangements, the exact nature, timing and pace of policy change and by how governments and markets have responded to emerging global and local challenges. This paper examines neo-liberal urban housing reform and market development in China and focuses on market performance and government responses following initial reform. The era of neo-liberal housing policy has been associated with turbulence, market changes and unequal housing and asset distribution. Housing reform and regulation policies have changed frequently in response; and this maturation of the neo-liberal system has important implications for policy and the structure and operation of the market.

Suggested Citation

  • Ya Wang & Lei Shao & Alan Murie & Jianhua Cheng, 2012. "The Maturation of the Neo-liberal Housing Market in Urban China," Housing Studies, Taylor & Francis Journals, vol. 27(3), pages 343-359.
  • Handle: RePEc:taf:chosxx:v:27:y:2012:i:3:p:343-359
    DOI: 10.1080/02673037.2012.651106
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    Cited by:

    1. Zou, Yonghua, 2022. "Paradigm shifts in China’s housing policy: Tug-of-war between marketization and state intervention," Land Use Policy, Elsevier, vol. 122(C).
    2. Zhao Zhang & Niamh Moore-Cherry & Declan Redmond, 2018. "A Crisis of Crisis Management? Evaluating Post-2010 Housing Restructuring in Nanjing, China," Housing Policy Debate, Taylor & Francis Journals, vol. 28(1), pages 29-49, January.
    3. Guo Chen, 2016. "The heterogeneity of housing-tenure choice in urban China: A case study based in Guangzhou," Urban Studies, Urban Studies Journal Limited, vol. 53(5), pages 957-977, April.
    4. Tsz-ming Or, 2018. "Pathways to homeownership among young professionals in urban China: The role of family resources," Urban Studies, Urban Studies Journal Limited, vol. 55(11), pages 2391-2407, August.
    5. Tingzhu Li & Ran Liu & Wei Qi, 2019. "Regional Heterogeneity of Migrant Rent Affordability Stress in Urban China: A Comparison between Skilled and Unskilled Migrants at Prefecture Level and Above," Sustainability, MDPI, vol. 11(21), pages 1-26, October.
    6. Yunlong Gong & Peter Boelhouwer & Jan de Haan, 2016. "Interurban house price gradient: Effect of urban hierarchy distance on house prices," Urban Studies, Urban Studies Journal Limited, vol. 53(15), pages 3317-3335, November.
    7. Chen Li & Mark Yaolin Wang & Jennifer Day, 2021. "Reconfiguration of state–society relations: The making of uncompromising nail households in urban housing demolition and relocation in Dalian, China," Urban Studies, Urban Studies Journal Limited, vol. 58(8), pages 1581-1597, June.
    8. Chen, Jie, 2016. "Housing System and Urbanization in the People’s Republic of China," ADBI Working Papers 602, Asian Development Bank Institute.
    9. Yong Tu & Pei Li & Leiju Qiu, 2017. "Housing search and housing choice in urban China," Urban Studies, Urban Studies Journal Limited, vol. 54(8), pages 1851-1866, June.
    10. Yu Wang & David Shaw & Ke Yuan, 2018. "Gated Neighborhoods, Privatized Amenities and Fragmented Society: Evidence from Residential Experience and Implications for Urban Planning," Sustainability, MDPI, vol. 10(11), pages 1-20, November.

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