... Chapter Urban Land Supply Policy, Urban Growth, and Housing prices in China 49 4.1 Introduction 49 4.2 An economic model of urban growth and housing prices in China the ... study titled by Urban Land Supply Policy, Urban Growth, and Housing prices in China The micro study is presented in Chapter and named How Does Land Supply Pattern Affect Housing Prices in small geographic ... to grow and land becomes scarcer With the increasingly inelasticity of the housing supply, a positive housing demand driven by urban growth is capitalized into land rents and housing prices Second,...