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- W2500261214 abstract "Prior to the 1990s, most Chinese people lived in state-allocated housing, paying low nominal rents. Then, in 1998, the then premier, Zhu Rongji, privatised that state-owned housing stock, selling it off at low nominal prices, creating the first private housing market in China. Very quickly, many people sought to sell off their state-provided, now privately owned homes to trade up to newer apartments, using the collateral from the home sale, plus accrued savings, which meant many could buy cash-on-the-barrel or by taking out only a relatively small loan." @default.
- W2500261214 created "2016-08-23" @default.
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- W2500261214 date "2014-01-01" @default.
- W2500261214 modified "2023-09-26" @default.
- W2500261214 title "Property — The Safest Investment Bet in China?" @default.
- W2500261214 doi "https://doi.org/10.1057/9781137353207_13" @default.
- W2500261214 hasPublicationYear "2014" @default.
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