Impact of land quota and land supply structure on China’s housing prices: Quasi-natural experiment based on land quota policy adjustment
From 2003 to 2019, housing prices in China jumped by 295%. Much of this growth can be attributed to the spatial and structural misallocation of land supply. Specifically, China’s government determines the urban land supply, using land quotas to allow for greater land supply in the country’s central...
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Veröffentlicht in: | Land use policy 2021-07, Vol.106, p.105452, Article 105452 |
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