Real Estate Bubbles and Urban Development
Real estate booms have regularly occurred throughout the world, leaving painful busts and financial crises in their wake. Real estate is a natural investment for more passive debt investors, including banks, because real estate's flexibility makes it a better source of collateral than productio...
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Format: | Article |
Language: | English |
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The MIT Press
2017-08-01
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Series: | Asian Development Review |
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Online Access: | https://www.mitpressjournals.org/doi/pdf/10.1162/adev_a_00097 |