Volume 7, Issue 4, December 2017, Pages 179 - 188
Wenzhou Real Estate Bubble and Rupture Risk Warning
Anping Pan, Chongfu Huang, Dehua Jiang
Received 14 September 2017, Accepted 3 November 2017, Available Online 28 December 2017.
- https://doi.org/10.2991/jrarc.2017.7.4.1How to use a DOI?
- housing bubble, Wenzhou, housing price, risk
- 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.
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 -