Housing price and intergenerational co-residence in urban China

Lixing Li and Xiaoyu Wu

Journal of Housing Economics, 2019, vol. 45, issue C, -

Abstract: This paper documents the increasing trend of adult children co-residing with elderly parents in urban China and links it with the rising housing price, which provides an incentive for young adults to save living cost through intergenerational co-residence. Using land supply as an instrument, we find that city-level housing price has a positive effect on co-residence, and this effect is larger for those who do not own a house, who have a lower level of wealth, and who are relatively younger. Husband's parents, who take relatively more responsibility to provide housing support for the young couple, are more likely to be co-resided with.

Keywords: Housing price; Intergenerational co-residence; Living arrangement (search for similar items in EconPapers)
JEL-codes: J12 J14 R21 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jhouse:v:45:y:2019:i:c:4

DOI: 10.1016/j.jhe.2018.08.001

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