Philosophical and Legal Foundations of the Formation of the Legal Consciousness of an Indi-vidual in the Conditions of Training a Lawyer

KOVAL, Ihor; Романова, А. С.; Alazzam, Farouq Ahmad Faleh; Alshunnaq, Mueen Fandi Nhar; Levytska, Oksana

doi:10.24234/wisdom.v22i2.695

Cited by 1 publication

(1 citation statement)

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“…North, Shanghai, Guangzhou, and Shenzhen represent a limited selection of first-and second-tier cities that have had significant growth and consistently achieved remarkable progress (Yang et al, 2016). Although the Chinese government passed a number of laws in 2003 intended to curb rising housing costs, the problem has not been remedied (Al Droua et al, 2020;Alazzam et al, 2020a;Koval et al, 2022). The escalation of housing expenses would necessitate the redistribution of society resources, potentially resulting in significant implications for several domains, such as economic advancement, equitable social conditions, and fiscal stability (Dai & Yin, 2017).…”

Section: Overview Of Chinese Housing Marketmentioning

confidence: 99%

Analyzing the Underlying Relationship Between Monetary Policy and Residential Property Prices in China

Zhou,

Sial,

Álvarez-Otero

et al. 2023

International Journal of Strategic Property Management

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Policymakers and the public express concern regarding the volatility of housing prices due to its potential to increase consumer costs and negatively impact housing affordability. Based on empirical study, it has been seen that the expansion of the real estate sector has a significant impact on the investment in fixed assets by firms. This influence is mostly attributed to the alteration of the transmission of monetary policy. Real estate investment is considered a feasible option because of the significant and rapid appreciation in property prices. The primary objective of this study is to examine the influence of monetary policy on the housing market in China. To conduct the current study, macroeconomic data from a total of 44 time periods, ranging from the fourth quarter of 2012 to the fourth quarter of 2022, was collected. The findings of our study indicate that in the context of China, an expansion in the money supply has a greater propensity to positively influence the borrowing activities of real estate suppliers and clients, as opposed to the supply of properties themselves. The housing market can be influenced by governmental actions such as adjustments to the money supply and interest rates. While scholars have extensively examined the subject matter, the housing market in China remains relatively under-researched in terms of its susceptibility to government macroeconomic policies. Moreover, the current study offers a comprehensive overview of the prevailing challenges encountered by the residential property market in China, emphasizing the significance of macroeconomic policies within this particular context.

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Section: Overview Of Chinese Housing Marketmentioning

confidence: 99%