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Farrell, M L (1999) The evolution of value theory and the practice of real estate valuation. Journal of Financial Management of Property and Construction, 4(02), 5–32.

Goodhew, S, Fitzgerald, D and Southcombe, C (1999) Water efficient dwellings :- do UK house builders recognise a need?. Journal of Financial Management of Property and Construction, 4(02), 49–62.

Leung, M-K and Shing, G T-y (1999) The growing mortgage market in China. Journal of Financial Management of Property and Construction, 4(02), 33–48.

  • Type: Journal Article
  • Keywords: China; housing market; mortgage market; rent
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    Mortgage finance has been actively promoted in the socialist market economy of China in recent years. Its development has originated from the government's commitment to the commercialisation of the bank and urban housing markets. The results of an empirical survey conducted amongst banks show that the government can facilitate the growth of the property and mortgage market by improving the conveyancing regulations, and by reducing both the various types of taxation applicable and also bureaucratic red-tape. The high price of housing, relative to the low level of household incomes, has posed a major obstacle to the growth of the property and mortgage market. The prospects for the mortgage market in China are, however, viewed as promising because government has promoted the private housing market, via mortgage finance, as a means to expand the economy since the 1997 financial crisis. The mortgage market will experience a more steady growth if incomes in China rise to a level sufficient to increase the home affordability of more households.

Liow, K H (1999) Corporate real estate in financial statements: evidence from Singapore hotel corporations. Journal of Financial Management of Property and Construction, 4(02), 63–80.