Risks in the Commercial Real Estate Markets in China

Albert Cao and Ramin Keivani

Journal of Real Estate Literature, 2008, vol. 16, issue 3, 363-384

Abstract: This paper contributes to filling the knowledge gap on risks in the commercial real estate market in four Chinese cities: Beijing, Shanghai, Guangzhou, and Chongqing. It examines the impact of urban governance, government real estate administration, and market practice in general and the current status of the property investment market in particular, on real estate market risks. The paper concludes that an institutional study needs to be built into a conventional economic analysis model to examine risks in commercial property investment in China.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjelxx:v:16:y:2008:i:3:p:363-384

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DOI: 10.1080/10835547.2008.12090238

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