The maturation of the neo-liberal housing market in urban China

Ya Ping Wang, Lei Shao, Alan Murie, Jianhua Cheng

    Research output: Contribution to journalArticle

    64 Citations (Scopus)

    Abstract

    Neo-liberalism has dominated policy formulation and implementation for three
    decades and been influential in reshaping urban housing provision in different countries. However, the nature and impact of neo-liberal housing policy developments are also affected by previous arrangements, the exact nature, timing and pace of policy change and by how governments and markets have responded to emerging global and local challenges. This paper examines neo-liberal urban housing reform and market development in China and focuses on market performance and government responses following initial reform. The era of neo-liberal housing policy has been associated with turbulence, market changes and unequal housing and asset distribution. Housing reform and regulation policies have changed frequently in response; and this maturation of the neoliberal system has important implications for policy and the structure and operation of the market.
    Original languageEnglish
    Pages (from-to)343-359
    Number of pages17
    JournalHousing Studies
    Volume27
    Issue number3
    Early online date1 Mar 2012
    DOIs
    Publication statusPublished - 2012

    Keywords

    • Neo-liberalism
    • government regulation
    • China
    • urban housing market

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