Wenzhou Real Estate Bubble and Rupture Risk Warning

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/).

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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  -