Contributions Background materials A Systemic analysis of housing affordability in urban China o Methodology contribution: New approaches of measuring housing affordability >dynamic price-to-income ratio dynamic residual income approach China Urban Land and Housing in 3 the 21st Century, HK Dec 2007China Urban Land and Housing in the 21st Century, HK Dec.2007 3 Contributions ◆Background materials ◆A systemic analysis of housing affordability in urban China ◆Methodology contribution: New approaches of measuring housing affordability: ➢dynamic price-to-income ratio; ➢dynamic residual income approach