How Long to Read Determinants of Property Prices in Hong Kong SAR

How Long Does it Take to Read Determinants of Property Prices in Hong Kong SAR?

It takes the average reader and 15 minutes to read Determinants of Property Prices in Hong Kong SAR by Mr.R. Sean Craig

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper uses an econometric model of residential property prices in Hong Kong SAR to assess the effectiveness of alternative policies in slowing the increase in property prices. The rapid rise in property prices is well explained by macroconomic fundamentals; real GDP per capital, real domestic credit, construction costs, land supply, and the real interest rate. Policy can influence the property market though land supply and prudential and tax policy, with the latter policies taking the form of a stamp duty on property transactions and a tighter loan-to-value ratio (LTV) on lending. Land supply is the most effective policy insturment for restraining property price increases but it operates with a significant lag. The LTV and stamp duty dampen speculative activity that drives up property prices. While these policies can slow the increase in the short run, they should be guided by their long run objectives of financial stability and counteracting speculation.

How long is Determinants of Property Prices in Hong Kong SAR?

Determinants of Property Prices in Hong Kong SAR by Mr.R. Sean Craig is 15 pages long, and a total of 3,825 words.

This makes it 5% the length of the average book. It also has 5% more words than the average book.

How Long Does it Take to Read Determinants of Property Prices in Hong Kong SAR Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 20 minutes to read Determinants of Property Prices in Hong Kong SAR aloud.

What Reading Level is Determinants of Property Prices in Hong Kong SAR?

Determinants of Property Prices in Hong Kong SAR is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Determinants of Property Prices in Hong Kong SAR?

Determinants of Property Prices in Hong Kong SAR by Mr.R. Sean Craig is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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