UNIVERSITY OF HONG KONG
FACULTY OF ARCHITECTURE
Events

Zhi LIU & Wenjing LI

Zhi LIU & Wenjing LI
Date:
23-Dec-2021
1:00 pm - 2:00 pm
Venue:
To be held virtually via Zoom
Title:
Is the policy to decentralize housing price control to the city level effective?
Speaker(s):
Dr. Zhi LIU
Director, Peking University-Lincoln Institute Center for Urban Development and Land Policy (Beijing, China)
Senior Fellow and Director, China and Asia Program, Lincoln Institute of Land Policy (Cambridge, Massachusetts, USA)

Dr. Wenjing LI
Policy Analyst, Peking University-Lincoln Institute Center for Urban Development and Land Policy

Please note that this NURSS Seminar will be held virtually via Zoom at the normal time [23 December 2021 (Thu), 13:00 p.m.]
Link to join this Zoom Meeting: https://hku.zoom.us/j/95681368177
Meeting ID: 956 8136 8177

Please be ready 5 minutes prior to the scheduled time.


Abstract
Taming the rapidly rising housing prices in China’s major cities has been a challenging task of the central and municipal governments. In 2016, the central government decentralized the responsibility for housing price control to the city level and allowed cities to implement various control measures suitable for the localities. Using the data from the 35 major cities for 10 years, we carried out a post-evaluation study to assess if the policy is effective. Our preliminary results provide empirical evidence that the policy is effective in controlling the housing prices in the cities where the housing prices were high and growing at the beginning of the policy implementation.

Language: English

About the Speaker
Dr. Zhi Liu is Senior Fellow and Director, China and Asia Program, Lincoln Institute of Land Policy, and Director, Peking University – Lincoln Institute Center for Urban Development and Land Policy. He serves as a member of the Expert Committee for Housing and Real Estate, Ministry of Housing and Urban & Rural Development, China. He is co-editor of International Housing Market Experience and Implications for China (Routledge 2019) and Infrastructure Economic and Policy: International Perspectives (Lincoln Institute of Land Policy, 2021).

Wenjing Li received her Ph.D. in Economics from the University of Nebraska-Lincoln. She is currently a Policy Analyst at the Peking University-Lincoln Institute Center for Urban Development and Land Policy. She specializes in public economics, urban economics and housing policy analysis.

~~ ALL INTERESTED ARE WELCOME ~~

Enquiries: 3917 2721
CENTRE OF URBAN STUDIES AND URBAN PLANNING
THE UNIVERSITY OF HONG KONG

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