Secular Real Estate Price Indices for Major Chinese Urban Areas

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Susan Wachter

School Affiliation: Wharton
Country or Region Engaged: Beijing
Fund: Global Engagement Fund
Year Awarded: 2014-15
Expertise: Urbanism, Urban Development, Economics
This project sought to expand on earlier work by Daniel Raff and Susan Wachter of the Wharton School and Se Yan of Peking University to develop a Beijing price index for real estate from 1644 to the late 1940s and also to develop a similar index series for Shanghai from around the time of the establishment of the French, British and American Concessions after the Opium War of the early 1840s once again through the late 1940s.