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Research on the Pricing of Shared Ownership Housing

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Listed:
  • Dai Yuan Li
  • Cong Wei Xie
  • Shu Hao Chen
  • Xiu Xiang Zou

Abstract

To a great extent, the abnormal phenomena of profit making in speculation houses will disappear and the rigid housing demand of ordinary families will be resolved by shared ownership housing. Starting from the consumption structure of the target group of the shared ownership housing, this paper makes an in-depth analysis of the pilot cities that have implemented the shared ownership housing through literature review and data survey, empirically analyses the deviation degree of house rent and the unbalanced situation of residents' housing affordability, and studies the rent of the shared ownership housing and the unbalanced situation of residents' housing affordability through panel data model. Through the comprehensive index of housing affordability to find out the best proportion of the rent of shared ownership housing in the monthly income of young workers aged 20-35, and then get the monthly rent, give relevant feasible suggestions. The research shows that government departments should implement the common property right housing from the aspects of reducing land transferring fees and taxes, strengthening the qualification examination mechanism and so on.

Suggested Citation

  • Dai Yuan Li & Cong Wei Xie & Shu Hao Chen & Xiu Xiang Zou, 2019. "Research on the Pricing of Shared Ownership Housing," Applied Economics and Finance, Redfame publishing, vol. 6(1), pages 30-44, January.
    • Handle: RePEc:rfa:aefjnl:v:6:y:2019:i:1:p:30-44
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    References listed on IDEAS

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    3. Roger Andersson & Lena Magnusson Turner, 2014. "Segregation, gentrification, and residualisation: from public housing to market-driven housing allocation in inner city Stockholm," International Journal of Housing Policy, Taylor & Francis Journals, vol. 14(1), pages 3-29, January.
    4. Schmitz, Patrick W., 2017. "Incomplete contracts, shared ownership, and investment incentives," Journal of Economic Behavior & Organization, Elsevier, vol. 144(C), pages 153-165.
    5. Roger Andersson & Lena Magnusson Turner, 2014. "Segregation, gentrification, and residualisation: from public housing to market-driven housing allocation in inner city Stockholm," European Journal of Housing Policy, Taylor and Francis Journals, vol. 14(1), pages 3-29, January.
    6. Hyunjeong Lee & Richard Ronald, 2012. "Expansion, Diversification, and Hybridization in Korean Public Housing," Housing Studies, Taylor & Francis Journals, vol. 27(4), pages 495-513.
    7. Richard Disney & Guannan Luo, 2015. "The right to buy social housing in Britain: a welfare analysis," IFS Working Papers W15/05, Institute for Fiscal Studies.
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    Cited by:

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    5. Qiao, Zhuo & Wang, Yan & Lam, Keith S.K., 2022. "New evidence on Bayesian tests of global factor pricing models," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 160-172.

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