Identification and Solution of Youth’s Housing Problems in China---Based on the Calculation and Analysis of Youth’s Housing Stress on Leasing and Purchasing Houses

Ping Lyu and Miao Yu

ERES from European Real Estate Society (ERES)

Abstract: The purpose of this study is to measure, analyze and compare the housing stress faced by the youth in purchasing and renting houses, and try to identify the housing problems existing in the youth groups so that we can explore the causes and propose effective solutions. Factor analysis method was used to construct and calculate the housing stress index (HSI), and chart statistics method was used to analyze the characteristics of youth’s housing stress. The results showed that the youth’s housing stress on purchasing houses is generally lower than that on leasing houses. The most obvious housing pressure of youth on purchasing houses is the housing area pressure, and the most obvious housing pressure of youth on renting houses is the social emotional pressure. In addition, the youth’s housing stress on purchasing houses is higher than that of other age groups, and the youth’s housing stress on leasing houses is lower than that of other age groups. Last, the youth’s housing stress frequently increases with their age both on purchasing and leasing houses. The study concluded that the youth’s housing problems should be solved mainly by the owned housing and common property housing, Supplemental by the rental housing in conditional cities. The housing problems of different types of youth’s group can be solved by means of physical security, monetary security, financial and credit support, so that youth’s housing can realize stable transition from difficulty to ease and from lease to purchase.

Keywords: Housing Stress; purchasing houses; renting houses; youth group (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2019-01-01
New Economics Papers: this item is included in nep-ure
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