Emerging Commercial Property Cycle

Emerging Commercial Property Cycle
Автор
 
Год
 
Страниц
 
252
ISBN
 
9783639136920
Категория
 
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Описание:

BOOK SUMMARY -- This book is dedicated to the process of understanding one of the emerging and perhaps the will-be largest property markets– the Chinese commercial property market, focusing on its formation and its micro and macro-level behaviours. It investigates commercial property markets by examining behaviours and drivers with reference to existing property cycle theory. The conclusions discovered that structural change is a basic driver of property cycles. This result has important global implications for policy and investment decision- making for property cycle research and emerging market economies. TESTIMONIAL -- Understanding the dynamics of the commercial property markets in China has taken on increased importance for institutional investors in recent years. Hao Wu has done an excellent job in enhancing our understanding of this important property market from aninstitutional economics perspective. This book is a welcome addition to the growing body of knowledge regarding...

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