Product Description
by Junjian Cao (Author)
This is the first book to fully present, analyse and interpret the Chinese real estate market.
Dr Junjian Albert Cao examines the Chinese real estate market's growth trajectory, unique governance and factors affecting values and investment in the context of reforms, rapid economic growth and urbanization.
The book provides essential insights into the institutional change surrounding the development of the property market, government intervention at local and national levels, taxes and other regulatory charges, and factors such as market practices, economic changes, government policies and social changes that affect the value of real estate.
Furthermore, the book analyses academic and policy debates on issues such as:
- commercial property investment
- housing price inflation
- property rights protection
- affordable and social housing
- market practices and regulation
- environment and sustainability
- taxation
- property-led growth
- and the reliance of local economic growth on the property sector
The book offers a comprehensive, in-depth and up-to-date account of the Chinese property market and presents a full assessment of the investment potential of Chinese real estate. It is a must read for students, academics and real estate professionals interested in this fascinating real estate market that has implications for Chinese and the world economies.
Author Biography
Junjian Albert Cao is a Senior Lecturer in the Department of Real Estate and Construction at Oxford Brookes University, UK. He previously lectured at Sun Yat-Sen University in China before coming to the UK to study for his PhD, and he has vast research experience on the property market and urban development in China. In addition to supervising PhD students, Dr Cao has carried out several funded research projects on China and has acted as both an internal and external examiner for PhD students in the UK.
