City size and housing purchase intention: Evidence from ruralâ€“urban migrants in China
Yanjiao Song and
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Yanjiao Song: The Center for Modern Chinese City Studies & Institute of Urban Development, East China Normal University, China
Chuanyong Zhang: China Institute for Urban Governance & School of International and Public Affairs, Shanghai Jiao Tong University, China
Urban Studies, 2020, vol. 57, issue 9, 1866-1886
Despite the increased focus on housing choices among ruralâ€“urban migrants in China, there is a lack of studies on city size and housing purchase preferences. In this paper, we extend the conceptual framework of the Rosenâ€“Roback model to analyse how city size affects ruralâ€“urban migrantsâ€™ housing purchase intention, and find that the impact of city size on the willingness to buy a house in the host city for migrants has an inverted U shape by using the China Migrants Dynamic Survey of 2014. To explain this phenomenon, we further adopt the Oaxacaâ€“Blinder decomposition, which shows that ruralâ€“urban migrants have achieved a spatial equilibrium between housing costs and city amenities in large cities, compared with megacities and small cities. Specifically, the amenities in large cities can compensate for the negative impact of the high housing cost, making these large cities more attractive than small ones for ruralâ€“urban migrants, while rural migrants have to bear high housing prices and exclusive urban welfare because of the strict household registration system in megacities. This study thus sheds new light on the adoption of diversified housing policies to solve the housing problems of ruralâ€“urban migrants in China by considering city size.
Keywords: city size; housing purchase intention; Oaxacaâ€“Blinder decomposition; Rosenâ€“Roback model; ruralâ€“urban migrants; åŸŽå¸‚è§„æ¨¡; è´æˆ¿æ„ æ„¿; Oaxacaâ€“Blinderåˆ†è§£; Rosenâ€“Robackæ¨¡åž‹; å†œæ°‘å·¥ (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:57:y:2020:i:9:p:1866-1886
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