Housing market is not similar to other markets, it is difficult for non-professional people to know the quality of the house in a short time. So the asymmetric information situation between the purchaser and the seller exists during the exchange process. The result is that bad quality houses wash out good ones. In this paper, a detailed analysis is given to the phenomenon and some ways are put forward to avoid the appearance of this problem.
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施骞 王卫民.住宅市场信息非对称问题研究[J].土木与环境工程学报(中英文),2000,22(4):80-. SHI Qian, WANG Wei-min. Research on Asymmetric Information Problem in Housing Market[J]. JOURNAL OF CIVIL AND ENVIRONMENTAL ENGINEERING,2000,22(4):80-.[doi]