New article on China's Housing Provident Fund: Its Success and Limitations

A new article by Mattias Burell in Housing Finance International

2006 China's Housing Provident Fund: Its Success and Limitations, Vol. 20, Issue 3, pp. 38-49.

Abstract
The article discusses the success and limitations of the Housing Provident Fund (HPF) policy in China. It provides a comparison of people’s earnings with pricess on the housing market. It gives an overview of the beginning and evolution of the HPF policy and its basic principles. It evaluates the usage of HPF with emphasis on individual housing loans.