Series: IMF Working Papers
Author(s): R. Craig , and Changchun Hua
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2011
Keywords: Property price, Co-Integration, Stamp Duty, Loan-to-Value Ratio, residential property, equation, standard errors, cointegration, Urban, Rural
This paper uses an econometric model of residential property prices in Hong Kong SAR to assess the effectiveness of alternative policies in slowing the increase in property prices. The rapid rise in property prices...