SHS Web Conf.
Volume 163, 20232023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
|Number of page(s)
|Marketing and Organizational Behavior Management
|28 April 2023
Comparison of Real Estate Bubbles in China and Japan
Nottingham University Business School, University of Nottingham, Ningbo, China, 315154
China has experienced a huge housing boom in recent decades. However, many experts point out that since China’s real estate marketization, real estate investment has increased rapidly, real estate prices are gradually rising, and there is a bubble phenomenon in the industry. Some scholars think that China could follow the same solutions as Japan’s towards Japan’s real estate bubble. Thus, the essay will use the method of contrastive analysis, through the comparison of the land system, monetary policies and national development and system of China and Japan to point out the differences in the real situation of the two countries. It is not appropriate for China to copy Japan’s solutions and China needs to make appropriate adjustments according to the national conditions.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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