Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5067190 | European Economic Review | 2012 | 11 Pages |
Abstract
⺠China has not formally adopted rating standards for “green” buildings. ⺠We create a Google index to rank “marketing greenness” of housing complexes in Beijing. ⺠Developers charge a price premium for self-reported buildings' “greenness” during presale. ⺠These “green” premiums disappear in the subsequent resells and the rental market. ⺠A standardized certification program would advance China's nascent green real estate market.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Siqi Zheng, Jing Wu, Matthew E. Kahn, Yongheng Deng,