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湖畔问道·兴竹论坛|Haste or Waste?The Role of Presale in Residential Housing

发布时间:2025-07-09访问量:10

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.


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