China's urban housing reform: Price-rent ratio and market equilibrium

被引：67

作者：

Chen, A

机构：

[1] Department of Economics, Indiana State University, Terre Haute

来源：

URBAN STUDIES | 1996年 / 33卷 / 07期

关键词：

D O I：

10.1080/00420989650011519

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

China's urban housing marketisation hinges on a sensible ratio of housing price to rent, This research derives a rational level for such a ratio and examines its distortions under the Chinese system. It shows that the prevailing housing price to rent ratios are significantly higher than the rational level for both subsidised and free-market housing. Unique Chinese housing market equilibria are analysed and policy recommendations on commercialising Chinese urban housing are suggested.

引用

页码：1077 / 1092

页数：16

共 32 条

[1]

ALEXEEV M, 1988, REV EC STAT AUG, P414

[2]

BUCKLEY MR, 1994, EC DEV CULTURAL JAN, P317

[3] DUAL HOUSING MARKETS IN A CENTRALLY PLANNED-ECONOMY - AN EMPIRICAL-ANALYSIS [J].