×
![]( "Buchcover ISBN 9781119090717")
This is a significant contribution to the Real Estate Issues series... To make housing the central theme is welcome, since the role of the housing market in economic instability is crucial. The focus on East Asia will be valuable, given that most literature on real estate cycles has tended to concentrate on Europe and the US. The behavioural and institutional perspective that the authors favour should also provide useful insights.
-Richard Barras, Property Market Analysis
This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09.
* draws on the best available theoretical and empirical
literature
* applies analytic tools in the context of East Asian
institutions and policies
* helps understand factors affecting resilience and
stability in East Asian real estate markets.
* draws on the best available theoretical and empirical
literature
* applies analytic tools in the context of East Asian
institutions and policies
* helps understand factors affecting resilience and
stability in East Asian real estate markets.
