The Chinese Real Estate Market: Development, Regulation and Investment
| Date | 05 September 2016 |
| DOI | https://doi.org/10.1108/JPIF-07-2016-0057 |
| Published date | 05 September 2016 |
| Pages | 670-671 |
| Author | David Faulkner |
| Subject Matter | Property management & built environment,Real estate & property,Property valuation & finance |
Book review
The Chinese Real Estate Market: Development, Regulation and
Investment
Junjian Cao
Routledge International Real Estate Markets Series
2015
Paperback
ISBN 0415723159
Keywords China, Development, Investment, Regulation, Real estate market
Review DOI 10.1108/JPIF-07-2016-0057
For those lookingfor an in-depth introduction to the origins and operation ofthe Chinese
property market this bookis ideal. At around 350 pages it is not something to take in at
one sitting, butit is well structured so that readers candip into it and read the sections of
most interest to them as required. The book is well researched and brings together the
information needed on the different aspects of the property market in one volume.
Those who are new to China will find the early chapters on the development of the
market since Deng’s reforms in the late 1970s to be particularly useful as the book sets
the real estate market in the context of economic reforms and role that land plays in the
financing of local governments. For those who are interested in the mechanics of the
market there is a good history of the legal and taxation policies that have been applied
to land and property over the past four decades and an overview of the current policies.
There are special chapters on housing, finance and foreign investment in real estate to
round of the book nicely.
The text covers the following topics.
Part I: Contextual factors
(1) Introduction
(2) Post-reform political and socio-economic changes
Part II: Market development
(3) The land market
(4) The housing market
(5) The commercial property market
Part III: Market regulation
(6) Land administration, planning and development control
(7) Housing market administration and macro control
(8) Property finance and taxation
Part IV: Real estate development and investment
(9) Housing
(10) Commercial property
Journal of Property Investment &
Finance
Vol. 34 No. 6, 2016
pp. 670-671
©Emerald Group Publishing Limited
1463-578X
670
JPIF
34,6
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