IDEAS home Printed from https://ideas.repec.org/p/eti/dpaper/25056.html
   My bibliography  Save this paper

A House for My Family: The impacts of down payment rate on marriage and fertility

Author

Listed:
  • Yuting BAI
  • Jun Hyung KIM
  • Anqi LI
  • Shiko MARUYAMA
  • Zhe YANG

Abstract

Homeownership and childbearing decisions are closely linked for many couples. As buying a home often requires substantial loan amounts, consumer credit conditions may influence fertility. We examine how down payment rate (DPR) policies affect marriage and fertility, exploiting city-by-year variation in DPRs across China from 2008 to 2020. The results show that, while housing prices show no direct effect, higher DPRs significantly reduce the likelihood of first births, particularly among those who are likely to be credit-constrained. We find no effect on first marriage. These findings highlight how housing market policies can shape demographic behavior, especially in the context of high housing prices.

Suggested Citation

  • Yuting BAI & Jun Hyung KIM & Anqi LI & Shiko MARUYAMA & Zhe YANG, 2025. "A House for My Family: The impacts of down payment rate on marriage and fertility," Discussion papers 25056, Research Institute of Economy, Trade and Industry (RIETI).
    • Handle: RePEc:eti:dpaper:25056
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/25e056.pdf
    Download Restriction: no
    ---><---

    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:eti:dpaper:25056. 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: TANIMOTO, Toko (email available below). General contact details of provider: https://edirc.repec.org/data/rietijp.html .

    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.