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A Systemic Model for Residential Property Market |
LIU Dan, YANG De-Li, YANG De-Quan |
Dalian University of Technology, Dalian, China |
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Abstract Considering the credit support for both supply and demand sides and its amplificatory effect on the market activities, a theoretical model contain house buyers, house producers and banks was built up. It provides a qualitative and quantitative framework for residential property market system. The model was proved to be effective after empirical analysis in China.
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Received: 08 November 2006
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