The impact of China's fiscal and monetary policies on regional disparity in housing prices
Ever since the tax reform in 1994 in China, local governments have to rely more and more on land and real estate related fees as a major source of revenue. With the rapid development of the financial sector in China, local governments also rely more on bank loans with real estate assets as collatera...
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| Language: | English |
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The University of Hong Kong (Pokfulam, Hong Kong)
2014
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| Online Access: | http://hdl.handle.net/10722/194608 |