Series: IMF Working Papers
Author(s): Ashvin Ahuja , Lillian Cheung , Gaofeng Han , Nathan Porter , and Wenlang Zhang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2010
Keywords: House price, price misalignment, leverage cycle, mortgage, real estate, land sales, mortgage loan, mortgage interest,
Sharp increase in house prices combined with the extraordinary Chinese lending growth during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole, the current levels of hou...