Replication data for: A Real Estate Boom with Chinese Characteristics

Edward Glaeser, Andrei Shleifer, Yueran Ma & Wei Huang
Chinese housing prices rose by over 10 percent per year in real terms between 2003 and 2014 and are now between two and ten times higher than the construction cost of apartments. At the same time, Chinese developers built 100 billion square feet of residential real estate. This boom has been accompanied by a large increase in the number of vacant homes, held by both developers and households. This boom may turn out to be...
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