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《Economic Geography》 2008-05
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MENG Mian,LI Wen-bin,XU Dong-wei  
Based on price index of real estate in 35 cities,this paper employs the present value model to test the house price bubble in China.The estimates justify the bubble in the east and west part of China,especially the east area with the highest price-to-rent value increase in Yangtze River Delta economic district.Meanwhile,there does not seem to be any bubble in the middle area as a whole,though the price-to-rent value increase in Wuhan is quite outstanding.
【CateGory Index】: F293.3;F224
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