Dynamics of Housing in East Asia

This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. draws on the best available theoretical and empiricalliterature applies analytic tools in the context of East Asianinstitutions and policies helps understand factors affecting resilience andstability in East Asian real estate markets.