Feb/16
STL Lab China Talk Series: Li Gan | "Ghost" Towns? Why 50 Million Housing Units in China are Vacant

Despite much attention on ???ghost towns??? in China, no official vacancy rates exist in the country. This talk uses data from the China Household Finance Survey, which collects expansive micro-level information about household wealth from a nationally representative sample of over 40,000 households. Professor Gan will discuss how to determine the latest vacancy rate for China, and suggest some causes for the phenomenon.