Homeownership and Subjective Wellbeing in Urban China: Does Owning a House Make You Happier?
Homeownership and Subjective Wellbeing in Urban China: Does Owning a House Make You Happier?
复制标题
中国城市的住房拥有率和主观幸福感:拥有房子会让你更幸福吗?
DOI:
10.1007/s11205-011-9967-6
复制
发表时间:
2013-02-01
影响因子:
3.1
通讯作者:
Hu, Feng
中科院分区:
文献类型:
--
作者:
Hu, Feng
This paper examines the effect of homeownership status on individual subjective wellbeing indicators in urban China using a large nationally representative dataset. It is the first to gauge the relationship between homeownership and individual subjective wellbeing in the setting of China and is also among the few empirical studies concerning developing countries. The results show that the homeownership status does have a strong positive effect on both one's housing satisfaction and overall happiness in urban China. Even after controlling for housing satisfaction in the equation, the homeownership status still positively affects one's overall happiness, suggesting that the homeownership status might also contribute to other possible aspects of life satisfaction except for housing satisfaction. In addition, in terms of housing satisfaction, females seem to value much more on owning a house than males, while the subjective benefits of owing a house in large cities seem to be much smaller than in small cities.