Housing property rights and subjective wellbeing in urban China

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

doi:10.1016/j.ejpoleco.2016.08.002

Housing property rights and subjective wellbeing in urban China

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

Department of Economics

Research output: Contribution to journal › Article › Research › peer-review

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 language	English
Pages (from-to)	160-174
Number of pages	15
Journal	European Journal of Political Economy
Volume	45
Issue number	Supplement
DOIs	https://doi.org/10.1016/j.ejpoleco.2016.08.002
Publication status	Published - 2016

Keywords

China
Home loan
Home ownership
Housing property rights
Subjective wellbeing

Cite this

Cheng, Z., King, S. P., Smyth, R., & Wang, H. (2016). Housing property rights and subjective wellbeing in urban China. European Journal of Political Economy, 45(Supplement), 160-174. https://doi.org/10.1016/j.ejpoleco.2016.08.002

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Access to Document

10.1016/j.ejpoleco.2016.08.002

Link to publication in Scopus