Bubbles Are Departures from Equilibrium Housing Markets: Evidence from Singapore and Taiwan

• Darrell Jiajie Tay ,

  * E-mail: tayj0037@e.ntu.edu.sg

  Affiliations Division of Physics and Applied Physics, School of Physical and Mathematical Sciences, Nanyang Technological University, 21 Nanyang Link, Singapore 637371, Republic of Singapore, Complexity Institute, Nanyang Technological University, Block 2 Innovation Centre, Level 2 Unit 245, 18 Nanyang Drive, Singapore 637723, Republic of Singapore

  http://orcid.org/0000-0002-1423-7557

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• Chung-I Chou,

  Affiliation Department of Optoelectric Physics, Chinese Cultural University, 55 Hwa-Kang Road, Yang-Ming-Shan, Taipei 11114, Taiwan

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• Sai-Ping Li,

  Affiliation Institute of Physics, Academia Sinica, 128 Section 2, Academia Road, Nankang, Taipei 11529, Taiwan

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• Shang You Tee,

  Affiliation Division of Physics and Applied Physics, School of Physical and Mathematical Sciences, Nanyang Technological University, 21 Nanyang Link, Singapore 637371, Republic of Singapore

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• Siew Ann Cheong

  Affiliations Division of Physics and Applied Physics, School of Physical and Mathematical Sciences, Nanyang Technological University, 21 Nanyang Link, Singapore 637371, Republic of Singapore, Complexity Institute, Nanyang Technological University, Block 2 Innovation Centre, Level 2 Unit 245, 18 Nanyang Drive, Singapore 637723, Republic of Singapore

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