There are plenty of arguments about the Chinese residential housing market bubble. Making improvement of the analyses Yu (2011), the present paper present a more reasonable “discount cash flow model” to detect the existence of the bubble in the residential house market from 1998 to 2010. The result indicated there are bubbles in the market. Bubbles we observed are mixes of the rational bubble and the irrational bubbles. Based on the empirical analysis, this paper proposes political implication to prevent the starting and expanding of bubbles.
","abstract_html":"<p>There are plenty of arguments about the Chinese residential housing market bubble. Making improvement of the analyses Yu (2011), the present paper present a more reasonable “discount cash flow model” to detect the existence of the bubble in the residential house market from 1998 to 2010. The result indicated there are bubbles in the market. Bubbles we observed are mixes of the rational bubble and the irrational bubbles. Based on the empirical analysis, this paper proposes political implication to prevent the starting and expanding of bubbles.</p>","abstract_has_math":false,"creators":["Wu, Yunyun"],"institution":null,"degree_name":"M.A.","degree_level":"Masters Thesis","degree_discipline":null,"degree_department":null,"school":null,"contributors":["Markus Schneider"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2013,"date_issued":"2013-03-01T08:00:00Z","date_published":"2013-03-01T08:00:00Z","updated_at":"2026-07-24T02:01:25Z","subjects":["China","Housing market","Economics","International Economics","Social and Behavioral Sciences"],"languages":["en"],"rights":["Copyright is held by the author. This work may only be accessed by members of the University of Denver community. The work is provided by permission of the author for individual research purposes only and may not be further copied or distributed. User is responsible for all copyright compliance.
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"]},{"key":"dc:format","label":"Dc Format","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["Is There a Commercial Residential Housing Bubble in China"]}]}],"canonical_facts":{"dc:contributor":["Markus Schneider"],"dc:creator":["Wu, Yunyun"],"dc:description.abstract":["There are plenty of arguments about the Chinese residential housing market bubble. Making improvement of the analyses Yu (2011), the present paper present a more reasonable “discount cash flow model” to detect the existence of the bubble in the residential house market from 1998 to 2010. The result indicated there are bubbles in the market. Bubbles we observed are mixes of the rational bubble and the irrational bubbles. Based on the empirical analysis, this paper proposes political implication to prevent the starting and expanding of bubbles.
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"],"dc:subject":["China","Housing market","Economics","International Economics","Social and Behavioral Sciences"],"dc:title":["Is There a Commercial Residential Housing Bubble in China"],"thesis:degree_level":["Masters Thesis"],"thesis:degree_name":["M.A."]},"updated_at":"2026-07-24T02:01:25Z"}