Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5054029 | Economic Modelling | 2014 | 5 Pages |
Abstract
This paper analyzes housing sales delay in Beijing, China. In the housing market, new properties sometimes experience delays before they are sold. Such delays reflect the preferences of buyers with regard to the characteristics of the housing. Therefore, it is important for managerial purposes to identify the causes of housing sales delays. It is concluded that delays are largely explained by the dwellings' characteristics and location. Policy implications of the research findings, particularly those related to means of shortening the delays, are discussed.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Carlos Pestana Barros, Luis A. Gil-Alana, Zhongfei Chen,