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