Housing property rights and subjective wellbeing in urban China

Zhiming Cheng, Stephen P. King, Russell Smyth, Haining Wang

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22 Citations (Scopus)

Abstract

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 also the types of property rights one acquires matter for subjective wellbeing. Moreover, not only whether one has a home loan, but the type of home loan one has matters for subjective wellbeing.
Original languageEnglish
Pages (from-to)160-174
Number of pages15
JournalEuropean Journal of Political Economy
Volume45
Issue numberSupplement
DOIs
Publication statusPublished - 2016

Keywords

  • China
  • Home loan
  • Home ownership
  • Housing property rights
  • Subjective wellbeing

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