Housing Property Rights and Subjective Wellbeing in Urban China
Stephen King (),
Russell Smyth () and
No 44-14, Monash Economics Working Papers from Monash University, Department of Economics
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 the property rights one acquires and the source of those property rights matters 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; China (search for similar items in EconPapers)
Pages: 23 pages
New Economics Papers: this item is included in nep-cna, nep-hap, nep-tra and nep-ure
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Journal Article: Housing property rights and subjective wellbeing in urban China (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:mos:moswps:2014-44
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