Each year, more money is invested in China's housing market than any other. Lan Deng shares how the market was shaped and the heavy role the government still plays, and what housing in China looks like today.

Show notes:

• Deng, L., & Chen, J. (2019). Market development, state intervention, and the dynamics of new housing investment in China. Journal of Urban Affairs, 41(2), 223-247.
• Deng, L., Li, S., Zuo, W., & Han, Y. (2024). Housing production and the structural transformation of China’s real estate development industry. Housing Studies, 1-26.
• News article and video of rail line through apartment building in Chongqing.
• Monkkonen, P., Deng, G., & Hu, W. (2019). Does developers' ownership structure shape their market behavior? Evidence from state owned enterprises in Chengdu, Sichuan, 2004–2011. Cities, 84, 151-158.
• UCLA Housing Voice interview with Chua Beng Huat on Singapore’s Public Housing program.