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    M. Wołangiewicz: China’s Real Estate Bubble – part 2

    M. Wołangiewicz: China’s Real Estate Bubble – part 2

    Chapter II CHINA’S HOUSING SYSTEM 2.1. The urban housing sector before the reform between 1949 and 1995 Past policies connected with political intervention have created a situation in which the Chinese housing sector was massively controlled by the government. Between 1949 and 1978 public rental housing was the predominate form…