The structure of housing finance markets and house prices in Asia
Haibin Zhu
BIS Quarterly Review, 2006
Abstract:
Emerging Asia has witnessed rapid growth of private housing and market-based housing finance in the past decade; nevertheless, market development has been uneven across countries. There is evidence that, in those economies with more flexible housing finance markets, house prices are more responsive to overall changes in market conditions, particularly equity price movements. .
JEL-codes: G12 G21 O53 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (32)
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