Rural Homesteads Withdrawal and Urban Housing Market: A Pilot Study in China

Lifang Zhang and Wen Fan

Emerging Markets Finance and Trade, 2020, vol. 56, issue 1, 228-242

Abstract: This article traces a link between the Chinese housing market and an individual’s willingness to withdraw from rural homesteads using a unique survey dataset from a pilot area. Propensity score matching indicates a strong causality that owning a house in a city results in a larger likelihood of withdrawal. An increasing demand of rural homesteads use rights was found in this study; our results also suggest a stable and healthy urban housing market may produce a non-negligible impact on the “Strategy of Rural Vitalization” via its effect on the reform of rural homesteads system in current China.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:56:y:2020:i:1:p:228-242

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DOI: 10.1080/1540496X.2018.1556157

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