Intergenerational financial support for homeownership and co-residence in Chinese cities
Intergenerational financial support for homeownership and co-residence in Chinese cities
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DOI：
10.1016/j.cities.2023.104310
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发表时间：
2023-06
期刊：
影响因子：
6.7
通讯作者：
Shasha Meng;Fenghua Pan;Fulong Wu
中科院分区：
文献类型：
--
作者：
Shasha Meng;Fenghua Pan;Fulong Wu
本研究利用中国六个城市的问卷调查数据，探讨了父母在子女成年购房中的代际经济支持与关键生命历程事实之间的关系。回归结果表明，一个倒“U”形关系的年轻成年人的年龄和发生的经济支持，从他们的父母在住房购买。在中国流行的代际共同居住与父母对购房的经济支持显著正相关。这表明，许多中国父母在为成年子女提供经济支持后，寻求通过共同居住来实现进一步的代际互惠。有趣的是，对没有贷款的样本的回归结果显示，代际共同居住与父母在购房方面的经济支持的发生没有显着相关。这表明，在没有贷款的情况下购买住房的较富裕家庭可能不需要通过代际共同居住来进行代际互惠。本文提供了中国代际财富转移对住房所有权影响的新的经验证据。它丰富了我们的理解之间的关系代际财政支持的住房拥有和共同居住的现象。
Drawing on questionnaire data from six cities in China, this study explores the relationship between intergenerational financial support from parents in adult children's housing purchases and key life course facts. The regression results indicate an inverted ‘U’-shaped relationship between the age of young adults and the occurrence of financial support from their parents in housing purchases. Intergenerational co-residence, popular in China, is significantly and positively associated with financial support from parents for housing purchases. This suggests that many Chinese parents seek to achieve further intergenerational reciprocity through co-residence after giving financial support to their adult children. Interestingly, the regression results on samples without loans show that intergenerational co-residence is not significantly related to occurrences of parental financial support in housing purchases. This indicates that more affluent families purchasing housing without loans may not need to engage in intergenerational reciprocity through intergenerational co-residence. This paper provides new empirical evidence of intergeneration wealth transfers on homeownership in the context of China. It enriches our understanding of the relationship between intergenerational financial support for homeownership and the phenomenon of co-residence.