The political dynamics of regulatory change: Speculation and regulation in the real estate sector |
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| Authors: | Yanzhong Huang Dali L. Yang |
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| Affiliation: | 1. Doctoral student in political science , University of Chicago;2. Assistant professor of political science , University of Chicago |
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| Abstract: | China's real estate sector has experienced dramatic changes since the late 1980s. This article explores the political economy of China's recent ‘real estate fever’ and examines the government's efforts to deal with rampant speculation and foster the growth of a real estate industry. It suggests that the political dynamics of regulatory changes in the real estate sector illustrate the problems of Chinese policy making in the reform era. |
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