讲座题目 | Haste or Waste? The Role of Presale in Residential Housing | ||
主讲人 (单位) | 周启曜 (俄克拉荷马州立大学) | 主持人 (单位) | 刘修岩 (老司机导航 ) |
讲座时间 | 2025年7月11日2:30 | 讲座地点 | 榴园宾馆三江阁 |
主讲人简介 | 周启曜,俄克拉荷马州立大学经济学系助理教授,马里兰大学经济学博士,曾主要研究领域为产业组织理论,区域与城市经济学,研究成果发表于Journal of Urban Economics,Journal of Economic Behavior and Organization ,Environmental and Resource Economics等期刊。 | ||
讲座内容摘要 | This paper provides the first theoretical framework and empirical evidence on the impact of housing presale policies. Constructing a novel dataset across 270 major cities in mainland China, we identify 2,330 unfinished residential projects from 2010 to 2017 on a government-run citizen complaint portal. We find both presale criterion (specifying when developers can initiate presale) and post-sale supervision of construction fund utilization relate to a lower probability of unfinished projects, but only presale criterion relates negatively to the pace of new housing development. A back-of-envelope estimation suggests that the current bundle of presale policies is inferior to the Pareto frontier. |