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The impact of privatization of public housing on housing affordability in Beijing: An assessment using household survey data

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  • Zan Yang

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  • Songtao Wang

Abstract

Housing affordability has long been on the agenda of China’s policy makers. Imperfections in the housing system and growing disparities in income and wealth have been central to the problem of affordable housing. Housing reforms in China led to the creation of a market-oriented housing system, but also increased economic and social stratification. This article considers the effect of privatization of public housing on the problem of housing affordability in Beijing. We draw on a household survey to assess affordability for households according to occupants’ family structures, educational attainments and employment status, using a ‘residual income’ approach. The implications for policies designed to improve housing affordability are discussed.

Suggested Citation

  • Zan Yang & Songtao Wang, 2011. "The impact of privatization of public housing on housing affordability in Beijing: An assessment using household survey data," Local Economy, London South Bank University, vol. 26(5), pages 384-400, August.
  • Handle: RePEc:sae:loceco:v:26:y:2011:i:5:p:384-400
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    Cited by:

    1. Liming Yao & Michael White & Alla Koblyakova, 2015. "House price appreciation and housing affordability: a study of younger households tenure choice in China," ERES eres2015_44, European Real Estate Society (ERES).

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