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A Real Options Analysis on Speculative Bubbles in Housing Market: Considering Seoul Metropolis Case

  • Hojeong ParkEmail author
Chapter

Abstract

As mega cities around the world have experienced rapidly rising prices in real estate markets since the mid-2000s, the issue on the scale of speculative bubbles has become controversial (Goodman and Thibodeau, 2008; Kashiwagi, 2014a; Kouwenberg and Zwinkels, 2015).

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Korea UniversitySeoulSouth Korea

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