Through a Second Glance at Chinese Hawaii: Is Hainan housing market in a forever tropical Paradise?
Hainan province, as the only tropical region in China, suffered a housing bubble in the 1990s when the bubble burst. This was the first case of a bubble in the Chinese housing market. However, in the latest decade, Hainan housing market has become again heated up; the price of housing keeps increasing and new record housing prices have been reached. Is the housing bubble back again to this tropica
