Economics at your fingertips  

House Price and co-Residence with Older Parents: Evidence from China

Daichun Yi (), Xiaoying Deng (), Gang-Zhi Fan () and Seow Eng Ong ()
Additional contact information
Daichun Yi: Southwestern University of Finance and Economics
Xiaoying Deng: Shanghai University of Finance and Economics
Gang-Zhi Fan: Guangzhou University
Seow Eng Ong: National University of Singapore

The Journal of Real Estate Finance and Economics, 2018, vol. 57, issue 3, 502-533

Abstract: Abstract Numerous Chinese families choose to reside together with their elderly parents due to the considerable impacts of conventional values such as filial duty in Chinese society. However, as house prices rocketed up in major Chinese cities over the past decade, this arrangement is facing a sizeable challenge, therefore also raising new research question about it. This paper attempts to investigate the phenomenon of co-residence of adult children with their elderly parents in China. Using the 2013 data of China Household Finance Survey (CHFS), we document that house price is indeed a significant determinant for the pattern of intergenerational co-residence. Our empirical results can provide interesting insights into the important implication of rising house price for household residential arrangements in this country.

Keywords: CHFS; House price; Housing consumption; Intergenerational co-residence; Elderly parents (search for similar items in EconPapers)
JEL-codes: R21 J14 D12 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11146/PS2

Access Statistics for this article

The Journal of Real Estate Finance and Economics is currently edited by Steven R. Grenadier, James B. Kau and C.F. Sirmans

More articles in The Journal of Real Estate Finance and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-04-07
Handle: RePEc:kap:jrefec:v:57:y:2018:i:3:d:10.1007_s11146-018-9653-4