Wenzhou Real Estate Bubble and Rupture Risk Warning
Authors
Anping Pan, Dehua Jiang
Corresponding Author
Anping Pan
Available Online November 2017.
- DOI
- 10.2991/wrarm-17.2017.46How to use a DOI?
- Keywords
- housing bubble; wenzhou; housing price; risk
- Abstract
It is known to us all that the excessive bubble in the real estate market can seriously affect the normal development of the national economy, which could cause the hidden dangers of financial crisis. In 2011, A wave of defaults destabilized markets across Wenzhou, which punctured the property price bubble and caused a painful lesson for the regional economy. Therefore, this paper reviews the trend of housing price in Wenzhou from 2006 to 2015, and analyzes the causes of house bubble. In addition, the adjustment process of Wenzhou real estate is of typical significance, which could provide references for current market trend.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Anping Pan AU - Dehua Jiang PY - 2017/11 DA - 2017/11 TI - Wenzhou Real Estate Bubble and Rupture Risk Warning BT - Proceedings of the Fifth Symposium of Risk Analysis and Risk Management in Western China (WRARM 2017) PB - Atlantis Press SP - 262 EP - 267 SN - 1951-6851 UR - https://doi.org/10.2991/wrarm-17.2017.46 DO - 10.2991/wrarm-17.2017.46 ID - Pan2017/11 ER -