Housing Production and the Structural Transformation of China’s Real Estate Development Industry
Join Professor Lan Deng from the University of Michigan who will discuss 'Housing Production and the Structural Transformation of China's Real Estate Development Industry'.
Housing Production and the Structural Transformation of China’s Real Estate Development Industry
21 May 2025, 13:30 – 14:30
The China Planning Research Group (CPRG) would like to invite you to join us for a research seminar scheduled on 21 May 2025.
Professor Lan Deng from the University of Michigan will give a talk titled 'Housing Production and the Structural Transformation of China's Real Estate Development Industry'.
Chaired by: Dr Chris Foye, Bartlett School of Planning, UCL
The event will be chaired by Dr Chris Foye from the Bartlett School of Planning. This is an in-person (only) event from 13:30-14:30 (UK) at G01, Central House, WC1H 0NN.
Everyone is very welcome to attend, refreshments will be available.
This study examines the relationship between housing production and the structural transformations that have taken place in China’s real estate development industry. It first identifies how the real estate development industry has changed since the early 2000s and what factors were driving those changes. It shows that the industry was becoming increasingly concentrated prior to the COVID-19 pandemic, with large firms accounting for a growing share of the country’s housing production. Yet an empirical analysis of 35 major Chinese cities shows that local housing production remained largely decentralized, a result of China’s rapidly rising land cost that discouraged local industry concentration. The study then discusses what these findings mean for the Chinese housing markets, with particular attention to how the pandemic has exposed the risks associated with China’s real estate industry organization.
Professor Lan Deng
University of Michigan
Lan Deng is a professor of urban and regional planning at the University of Michigan. She has been studying housing and real estate development in both China and the U.S. Her research examines the different types of interventions the two countries have developed to provide decent housing and quality neighbourhoods for their residents.