IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v52y2016i8p1728-1743.html
   My bibliography  Save this article

Social Capital and Housing Affordability: Evidence from China

Author

Listed:
  • Daichun Yi
  • Yuhong Huang
  • Gang-Zhi Fan

Abstract

This article attempts to examine the problem of housing affordability in China based on a set of household-level survey data. In contrast to the previous studies, our study focuses on the important implication of social capital for households’ house-purchasing decisions in this country. Our results show that household expenditures on the relations with parents and other relatives are important determinants for homeownership in China. We also find evidence that house-purchasing decisions are significantly affected by relatives-related variables such as number of immediate relatives in the same city, distance from parents, educational years of family head’s father, and whether parents are alive. Our research helps shed new light on the high homeownership rates in urban China.

Suggested Citation

  • Daichun Yi & Yuhong Huang & Gang-Zhi Fan, 2016. "Social Capital and Housing Affordability: Evidence from China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 52(8), pages 1728-1743, August.
    • Handle: RePEc:mes:emfitr:v:52:y:2016:i:8:p:1728-1743
    DOI: 10.1080/1540496X.2016.1181856
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2016.1181856
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2016.1181856?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Apergis, Nicholas & Hayat, Tasawar & Kadasah, Nasser A., 2019. "Subjective well-being in housing purchasing: Evidence with survey data from the U.K. housing residential market," The Quarterly Review of Economics and Finance, Elsevier, vol. 74(C), pages 328-335.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:52:y:2016:i:8:p:1728-1743. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.