《Multiple home ownership in Chinese cities: An institutional and cultural perspective》

打印
作者
Youqin Huang;Daichun Yi;William A.V. Clark
来源
CITIES,Vol.97,Issue1,Article 102518
语言
英文
关键字
Housing;Homeownership;Multiple homes;Housing policy;Housing inequality;China
作者单位
Department of Geography and Planning, University at Albany, State University of New York, Albany, NY 12222, United States of America;China Household Finance Survey and Research Center, Southwestern University of Finance and Economics, Chengdu, China;Department of Geography, University of California, Los Angeles, CA, United States of America;Department of Geography and Planning, University at Albany, State University of New York, Albany, NY 12222, United States of America;China Household Finance Survey and Research Center, Southwestern University of Finance and Economics, Chengdu, China;Department of Geography, University of California, Los Angeles, CA, United States of America
摘要
China is a country of homeowners, where >80% of households own their homes and >20% of urban households own multiple homes. China achieved this unprecedented high rate home ownership in a short period of three decades. While we have a growing understanding of homeownership in general we are less clear about the process and outcomes of multiple home ownership in China. This paper examines the patterns of and driving forces for multiple home ownership, and explores the implications for housing inequality in Chinese cities. While socio-economic factors appear critical in China as is the case in the West, we argue for an institutional and cultural perspective to better understand multiple home ownership in China. The empirical analyses using 2015 China Household Finance Survey show that households who received housing subsidies, have urban registration, experienced demolition and resettlement, have school age children attending key schools, and have sons are more likely to own multiple homes. By focusing on the institutional and cultural forces, this paper better explains the unprecedented high rate of multiple homeownership in Chinese cities, and demonstrates how various housing policies in China have unintentionally contributed to multiple homeownership and thus housing and wealth inequality.