Housing property rights and subjective wellbeing in urban China

Zhiming Cheng, Stephen King, Russell Smyth and Haining Wang

European Journal of Political Economy, 2016, vol. 45, issue S, 160-174

Abstract: This study explores the relationship between home ownership and subjective wellbeing in urban China. We first present a theoretical model examining the relationship between housing property rights and subjective wellbeing in China. We then test the predictions of the theoretical model using a nationally representative dataset. We find that not only home ownership but also the types of property rights one acquires matter for subjective wellbeing. Moreover, not only whether one has a home loan, but the type of home loan one has matters for subjective wellbeing.

Keywords: Subjective wellbeing; Housing property rights; Home ownership; Home loan; China (search for similar items in EconPapers)
JEL-codes: G21 I31 K11 R21 R31 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (28)

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Related works:
Working Paper: Housing Property Rights and Subjective Wellbeing in Urban China (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:45:y:2016:i:s:p:160-174

DOI: 10.1016/j.ejpoleco.2016.08.002

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