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Housing and Subjective Wellbeing in Urban China

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  • Zhiming Cheng
  • Russell Smyth
  • Haining Wang

Abstract

This study explores the relationship between home ownership and subjective wellbeing in urban China using a nationally representative dataset. Compared with the limited extant literature on this topic for China, we use a more recent dataset, allow for a greater range of ownership forms, consider the source through which ownership was acquired and not only consider whether homeowners have a home loan, but also consider the source of the loan and its effect on subjective wellbeing. We find that not only home ownership, but the property rights one acquires and the source of those property rights matters for subjective wellbeing. Moreover, not only whether one has a home loan, but the type of home loan one has matters for subjective wellbeing. We also identify important differences in the homeownership-subjective wellbeing relationship across genders, generations and between those with a rural and urban household registration.

Suggested Citation

  • Zhiming Cheng & Russell Smyth & Haining Wang, 2013. "Housing and Subjective Wellbeing in Urban China," Monash Economics Working Papers 39-13, Monash University, Department of Economics.
  • Handle: RePEc:mos:moswps:2013-39
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    File URL: http://www.buseco.monash.edu.au/eco/research/papers/2013/index.html
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    1. repec:spr:jhappi:v:19:y:2018:i:2:d:10.1007_s10902-016-9826-x is not listed on IDEAS

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    Keywords

    Subjective wellbeing; housing; China;

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