Keeping the lid on our housing prices

Property | Zhu Ning

Nobel laureate and Yale University professor Robert Shiller was one of the first global economists to talk about the runaway risks in China's spiraling property prices, a subject that has been of considerable interest in China recently.

Shiller, well-known for his insights on global asset prices and extended research work on behavioral finance, macroeconomics and real estate, had during a visit to China mentioned that property prices were moving at a "dangerously high" pace.