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Bubbles Are Departures from Equilibrium Housing Markets: Evidence from Singapore and Taiwan

The housing prices in many Asian cities have grown rapidly since mid-2000s, leading to many reports of bubbles. However, such reports remain controversial as there is no widely accepted definition for a housing bubble. Previous studies have focused on indices, or assumed that home prices are lognoma...

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Detalles Bibliográficos
Autores principales: Tay, Darrell Jiajie, Chou, Chung-I, Li, Sai-Ping, Tee, Shang You, Cheong, Siew Ann
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5094767/
https://www.ncbi.nlm.nih.gov/pubmed/27812187
http://dx.doi.org/10.1371/journal.pone.0166004

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