Journal of Risk Analysis and Crisis Response

Volume 7, Issue 4, December 2017, Pages 179 - 188

Wenzhou Real Estate Bubble and Rupture Risk Warning

Authors
Anping Pan, Chongfu Huang, Dehua Jiang
Corresponding Author
Anping Pan
Received 14 September 2017, Accepted 3 November 2017, Available Online 28 December 2017.
DOI
https://doi.org/10.2991/jrarc.2017.7.4.1How 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.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Journal
Journal of Risk Analysis and Crisis Response
Volume-Issue
7 - 4
Pages
179 - 188
Publication Date
2017/12/28
ISSN (Online)
2210-8505
ISSN (Print)
2210-8491
DOI
https://doi.org/10.2991/jrarc.2017.7.4.1How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - JOUR
AU  - Anping Pan
AU  - Chongfu Huang
AU  - Dehua Jiang
PY  - 2017
DA  - 2017/12/28
TI  - Wenzhou Real Estate Bubble and Rupture Risk Warning
JO  - Journal of Risk Analysis and Crisis Response
SP  - 179
EP  - 188
VL  - 7
IS  - 4
SN  - 2210-8505
UR  - https://doi.org/10.2991/jrarc.2017.7.4.1
DO  - https://doi.org/10.2991/jrarc.2017.7.4.1
ID  - Pan2017
ER  -