Evaluating Conditions in Major Chinese Housing Markets
---- Acknowledgements -----
We thank our discussants, Xudong An and Paul Anglin, and other attendees at the Symposium on Urbanization and Housing in Asia held by the Institute of Real Estate Studies at the National University of Singapore, as well as Ed Glaeser, for helpful comments on a previous draft. We also appreciate the excellent research assistance of Derek Jia, Mingying Xu, and Yibo Zhao. Gyourko thanks the Research Sponsor Program of the Zell/Lurie Real Estate Center at Wharton for financial support. Deng and Wu thank the Institute of Real Estate Studies at National University of Singapore for its research support. Wu also thanks the National Natural Science Foundation of China for financial support (No. 70873072). Naturally, we remain responsible for any remaining errors. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.