Determinants of Property Prices in Hong Kong SAR : Implications for Policy /

This paper uses an econometric model of residential property prices in Hong Kong SAR to assess the effectiveness of alternative policies in slowing the increase in property prices. The rapid rise in property prices is well explained by macroconomic fundamentals; real GDP per capital, real domestic c...

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Bibliographic Details
Main Author: Craig, R.
Other Authors: Hua, Changchun
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/277
Subjects:
Online Access:Full text available on IMF