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Beyond Homeownership? Examining the Mediating Role of Housing Tenure on Young People’s Subjective Well-Being

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  • Haitong Mo

    (School of Architecture & State Key Laboratory of Subtropical Building Science, South China University of Technology, Guangzhou 510641, China
    Department of Public and International Affairs, City University of Hong Kong, Hong Kong 999077, China)

  • Yung Yau

    (Institute of Policy Studies & Department of Sociology and Social Policy, Lingnan University, Hong Kong 999077, China)

  • Yuting Liu

    (School of Architecture & State Key Laboratory of Subtropical Building Science, South China University of Technology, Guangzhou 510641, China)

Abstract

Young people around the world are facing similar housing challenges, trapped between a costly and unaffordable homeownership sector and an unstable (private) rental sector. China has opted to promote renting as an alternative to homeownership to alleviate the housing difficulties of young people in big cities. However, the influences of promoting rental housing on the subjective well-being of different groups have not been well understood. Therefore, this study examines the mediating role of housing tenure in the relationship between individual attributes and subjective well-being. The study is based on 1,149 questionnaires conducted on the housing situations of residents in Guangzhou, and 618 samples were extracted for analysis based on the purpose of this study. It is found that individual, marital status, (local/nonlocal) hukou status, and income level have significant indirect effects on subjective well-being, with housing tenure as the mediator. This study contributes to a deeper understanding of the influencing mechanisms of subjective well-being associated with housing tenure and human heterogeneity and specifies the key points for future research and policymaking.

Suggested Citation

  • Haitong Mo & Yung Yau & Yuting Liu, 2023. "Beyond Homeownership? Examining the Mediating Role of Housing Tenure on Young People’s Subjective Well-Being," Land, MDPI, vol. 12(3), pages 1-18, March.
    • Handle: RePEc:gam:jlands:v:12:y:2023:i:3:p:678-:d:1096626
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    References listed on IDEAS

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    1. Peter K. Mackie, 2016. "Young people and housing: identifying the key issues," International Journal of Housing Policy, Taylor & Francis Journals, vol. 16(2), pages 137-143, April.
    2. Cheng, Zhiming & King, Stephen P. & Smyth, Russell & Wang, Haining, 2016. "Housing property rights and subjective wellbeing in urban China," European Journal of Political Economy, Elsevier, vol. 45(S), pages 160-174.
    3. Hilke Brockmann & Jan Delhey & Christian Welzel & Hao Yuan, 2009. "The China Puzzle: Falling Happiness in a Rising Economy," Journal of Happiness Studies, Springer, vol. 10(4), pages 387-405, August.
    4. Kim McKee, 2012. "Young People, Homeownership and Future Welfare," Housing Studies, Taylor & Francis Journals, vol. 27(6), pages 853-862.
    5. Peter K. Mackie, 2016. "Young people and housing: identifying the key issues," European Journal of Housing Policy, Taylor and Francis Journals, vol. 16(2), pages 137-143, April.
    6. Feng Hu, 2013. "Homeownership and Subjective Wellbeing in Urban China: Does Owning a House Make You Happier?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(3), pages 951-971, February.
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