How China's Real Estate Investments Are Transforming and Growing Under Pandemic and Restrictive Policies
DOI:
https://doi.org/10.54691/bcpbm.v31i.2595Keywords:
Financing difficulties, Liquidity crisis, Debt ratio, Restrictive Policy, Effective Regulation.Abstract
This study reviews and synthesizes the difficult status of investigating real estate in China. Previous studies have included different aspects of factors that contribute to China's real estate woes, including epidemic effects, market effects, policy effects, and many other aspects. And each factor has played an important role in influencing the current predicament of Chinese real estate. This paper evaluates the epidemic impact, market impact, policy impact, and other factors work together to cause China's current real estate dilemma. The current analysis shows that the combination of these factors has led to a vicious cycle of high debt and low liquidity in Chinese real estate.
Downloads
References
Zheng, H. (2022). Real Estate Investment and regional economic development in China-by applying the spatial econometric approach. Sri Lanka Journal of Real Estate, 18(02). https://doi.org/10.31357/sljre.v18i02.5635
Tian, C., Peng, X., & Zhang, X. (2021). Covid-19 pandemic, Urban Resilience and real estate prices: The experience of cities in the Yangtze River Delta in China. Land, 10(9), 960. https://doi.org/10.3390/land10090960
Jiang, Y., Zheng, L., & Wang, J. (2020). Research on external financial risk measurement of China Real Estate. International Journal of Finance & Economics, 26(4), 5472–5484. https://doi.org/10.1002/ijfe.2075
Zhao, Z. (2022). Research on the risks of real estate investment trusts in the post-epidemic era. Applied Economics and Policy Studies, 718–728. https://doi.org/10.1007/978-981-19-0564-3_69
He, S. (1970, January 1). REITs for residential rental markets in China. Retrieved July 26, 2022, from https://dspace.mit.edu/handle/1721.1/117951
Luo, T. (2008). Is China ready for reits? : An examination of challenges and opportunities. Retrieved July 26, 2022, from https://dspace.mit.edu/handle/1721.1/58652
Akinsomi, O. (2020, July 9). How resilient are reits to a pandemic? the COVID-19 effect. Journal of Property Investment & Finance. Retrieved July 31, 2022, from https://www.emerald.com/insight/content/doi/10.1108/JPIF-06-2020-0065/full/html
Bonato, M., Çepni, O., Gupta, R., & Pierdzioch, C. (n.d.). Uncertainty due to infectious diseases and forecastability of the ... Retrieved July 31, 2022, from https://onlinelibrary.wiley.com/doi/10.1111/irfi.12357
Fu, J., Yu, X., Koo, C. K., & Lee, W. C. (n.d.). The adverse effects of economic policy uncertainty on indemnificatory housing market in China. The Singapore Economic Review. Retrieved July 31, 2022, from https://www.worldscientific.com/doi/10.1142/S0217590820460017
Xia, T., Yao, C.-X., & Geng, J.-B. (2019, November 27). Dynamic and frequency-domain spillover among economic policy uncertainty, stock and housing markets in China. International Review of Financial Analysis. Retrieved July 31, 2022, from https://www.sciencedirect.com/science/article/pii/S1057521919303126
The People’s Bank of China, Statistics and Analysis Department. Q3 2018 Urban Saver Survey Report.
The People’s Bank of China, Statistics and Analysis Department. Q3 2019 Urban Saver Survey Report.
The People’s Bank of China, Statistics and Analysis Department. Q1 2020 Urban Saver Survey Report.
The People’s Bank of China, Statistics and Analysis Department. Q2 2022 Urban Saver Survey Report. http://www.pbc.gov.cn/diaochatongjisi/116219/116227/4590204/index.html
The People’s Bank of China, Statistics and Analysis Department. Aggregate Financing to the Real Economy (Flow).
Downloads
Published
Issue
Section
How to Cite
