创意产业的金融创新-FGVEPGE.pptVIP

Land Price Appreciation Chinese Land and House Prices Is China’s Real Estate Market Rational? Observation on China’s Real Estate Market Not unusual at this stage of economic growth Side effects of rapid growth Largely driven by increase in land prices Fueled by huge liquidity and negative real interest rate US Stocks and Art Performance since 1875 Chinese Contemporary Art vs. Stock Indices Traditional Chinese Art vs. SP500 Chinese Art Auction Market Volume (in 100 million RMB) Art as an Asset Art has generated comparable returns to stocks in the US Post War II. China’s auction market has g