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Are Pricier Houses Less Risky? Evidence from China
Authors:Gang  Jianhua  Peng  Liang  Zhang  Jinfan
Institution:1.School of Finance, Renmin University of China, Beijing, 100872, China
;2.Smeal College of Business, The Pennsylvania State University, University Park, PA, 16802, USA
;3.School of Management and Economics, Chinese University of Hong Kong (Shenzhen), Shenzhen, 518172, China
;
Abstract:The Journal of Real Estate Finance and Economics - Houses are the largest component of most households’ wealth and their risk is important. Recent research shows that pricier houses have...
Keywords:
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