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 language | English |
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Pages (from-to) | 160-174 |
Number of pages | 15 |
Journal | European Journal of Political Economy |
Volume | 45 |
Issue number | Supplement |
DOIs | |
Publication status | Published - 2016 |
Keywords
- China
- Home loan
- Home ownership
- Housing property rights
- Subjective wellbeing