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Title: Forward Pricing and the Housing Market: the Pre-Sales Housing System in Taiwan
Authors: Chang, C.-O.;Ward, C. W. R
Contributors: 政大地政系
Keywords: forward pricing;pre-sales markets;Taiwan
Date: 1993-05
Issue Date: 2013-09-13
Abstract: In countries that have experienced rapid economic development, the need to establish more efficient markets in which private property can be constructed has induced some innovative solutions. One such solution is the phenomenon of a pre-sales market of the kind that can be observed in Taiwan, Korea, and more recently in China. Developers sell their property before building is started in order to acquire financing for the development companies. This paper discusses the process and, by recognising the analogy between the pre-sales market and forwards markets, analyses the implications for developers.
Relation: Journal of Property Research, 10(3), 217-227
Data Type: article
Appears in Collections:[地政學系] 期刊論文

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